Steel prices are crashing due to weak global demand and a surge in exports from China, the world’s largest steel producer. This oversupply is putting significant pressure on prices, impacting not only the global market but also India's domestic steel industry, which has seen a substantial decline in prices since the start of the year. Experts believe that production cuts and increased consumption in China are necessary to stabilize the market. Companies like Udhhyog are feeling the effects...

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