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JSW Steel's Seshagiri Rao Says Global Energy Transition Has Triggered This Steel Supercycle
JSW Steel's Seshagiri Rao expects this steel supercycle to last five years.
17 Sep 2021, 07:39 AM IST
The current boom in steel prices is here to stay for long as a global focus on renewables and infrastructure drives demand for the alloy, according to Seshagiri Rao of JSW Steel Ltd., India's largest steelmaker."The current cycle is anticipated to be the fifth supercycle in the history of the industry and the cause of this is Covid," the joint managing director and group chief financial at India's largest steelmaker, said in a conver...
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