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India’s Steel Sector Sees Growth in April, Production and Demand Rise

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New Delhi, May 6 (IANS) India’s steel sector sustained its growth trajectory during April with a 5.8 per cent increase in crude steel production to 14.09 million tonnes, from 13.31 million tonnes in the same month of the previous year while the domestic demand momentum stayed robust on the back of continued buoyancy across infrastructure and manufacturing, according to an official statement issued on Wednesday.Domestic steel prices also extended their recovery during the month across all major…