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Indian Steel Projects: Following the Global Meltdown
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Detail: India with huge resources of iron ore, cheap labour and managerial skill has created strong and enviable competitive conditions for steel making in the country. It is also a place where steel demand growth potential is enormous judged by any criteria. Therefore, naturally, the country received enthusiastic response from the investors worldwide to set up steel capacity once the industry was deregulated in the early nineties. While the initial response to opportunities in the nineties did not end with corresponding level of success, the reappearance of supportive conditions in the steel and raw materials market........more

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