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India's JSW Steel says scrapping export tax helps competing globally

Source: Reuters

NEW DELHI, Nov 21 (Reuters) - India's removal of export duty on steel intermediates "immensely helps" domestic companies compete in international markets amid a global slowdown in steel consumption, JSW Steel's (JSTL.NS) finance chief, Seshagiri Rao M.V.S., told Reuters on Monday.India scrapped export taxes on low-grade iron ore and on some intermediate steel products beginning Saturday, after months of…

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