Tag: No Reason For Domestic Steel Prices to Fall Further
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No Reason For Domestic Steel Prices to Fall Further: SAIL Chief
State-owned manufacturing behemoth Steel Authority of India Limited (SAIL) will look to further reduce operating capacity to 40% from May 7 onwards from around 52% capacity utilization in April amid the prevailing pandemic-induced nationwide lockdown, Anil Kumar Chaudhary, Chairman, SAIL, said during an online interaction with SteelMint. From 55-60% capacity utilization in mid-March, production has…