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Chinese steel pressuring global steel market, India engaging with govt to ensure level playing field: JSW Steel's Jindal

Chinese steel pressuring global steel market, India engaging with govt to ensure level playing field: JSW Steel's Jindal

Jindal, speaking at the annual general meeting, said that as a result of weakened global market for steel and higher imports of the metal into India, the margins for local steelmakers have been affected despite a growth in domestic steel demand. Jindal added that geopolitical risks continue to remain high, particularly regarding their impact on commodity and energy prices.

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