Author: Nabeera
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Rupee slide amplifies steel cost pressures; oil volatility, shipping risks persist – A 360-degree view
Rupee weakens to INR 94/$, raising import costs for scrap, LNG and raw materials Elevated oil prices and freight risks sustain cost pressures despite weak steel demand How will the ongoing conflict in the Middle East affect the global metals markets? As the US-Israel and Iran war escalates, BigMint presents a lowdown of the impact…