Higher Steel Production In May Drag Steel Stocks
A red hot steel slab passes through a rolling mill in the slab casting shop at a steel plant in Hisar, Haryana, India. (Photographer: Udit Kulshrestha/Bloomberg)

Higher Steel Production In May Drag Steel Stocks

Improving steel production in May and lower prices in China, the world’s top producer of the metal, have led to a sell-off in Indian steel stocks.Stocks of steelmakers declined in the range of 2.5-...
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