Tag: India: Steel production remains resilient as leading indicators soften in July
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India: Steel production remains resilient as leading indicators soften in July
India’s crude steel production rose to 14.3 million tonnes in July from 14.1 million tonnes in June, extending the resilience of investment-led sectors despite softer signals from manufacturing and mining. Merchandise exports climbed to $44.2 billion, automobile production reached a record 3.4 million units, and electric vehicle registrations touched a new high. In contrast, manufacturing…