Swiss commodity trading group IMR Metallurgical Resources has proposed to set up a major steel plant in YSR Kadapa district in Andhra Pradesh by investing more than INR 12,000 crore.

Through 2019, China exported a total of 64.29 million tons of steel, down by 7.3% vs. the same period in 2018.

Steel tender of March moving slowly and showing pessimistic signs by both prices and volumes declining.

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