Export duty on steel to stay, claim sources; duty revisions to impact exports negatively by 35-40%, says Crisil

In a big jolt for steel stocks and the sector in general, it is learnt that the government has denied removing or slashing export duty that it imposed on select steel products.
Export duty on steel to stay, claim sources; duty revisions to impact exports negatively by 35-40%, says Crisil
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