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Market move▼ Bearish for Tata Steel
Steel Prices At Import Parity: What Tata Steel, JSW Steel, SAIL Investors Should Watch
The brief
- Hot-rolled coil prices are up about 10% and have reached import parity
- HSBC sees near-term risk for steel stocks; Morgan Stanley expects them to keep…
- Higher input costs and price risks put Tata Steel, JSW Steel and SAIL investors on alert