Steel Insights


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Even as the steel industry seeks a lifeline to stay afloat, the condition of secondary producers seems to be worse, forcing many of them to down shutters in the face of severely challenging times. If many have shut shop, others are struggling to reduce the costs of input materials and production through technology up-gradation. Now it needs to be seen whether their efforts bear fruit and they can survive the onslaught of the economic slowdown in 2014.