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Few mergers and acquisitions seen for small, mid-size steel, iron firms

India’s steel and iron industry is seeing a few mergers and acquisitions, but majority of the 750 companies manufacturing steel, iron and related products are unlikely to get acquired because of their debt, small scale and poor market conditions, experts ...

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In China, Steel Consumption Drops as Economy Slows

China’s steel consumption dropped this year for the first time since at least 2000 because of slower economic growth, leading to a surplus of iron ore in the country and a plunge of more than 40 percent in its price. ...

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