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Recommendation Date : 21-Jun-2010 Last Update Date : NA
Steel & Iron Products - Steel/Sponge Iron/Pig Iron :
Like mining and minerals, steel too is a sector that rides on the bright prospects that the metal is sure to have following a huge demand from China and India. In fact China today produces and consumes about 45% of the steel produced in the world. Within the many steel producing companies we are very bullish only on those which have a close raw material linkage allowing them to produce steel at a considerably lower cost and those which have partly shifted their focus on power generation.
 
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