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Indian steelmakers face debt challenges after ill-timed bets

Indian steelmakers face debt challenges after ill-timed bets Less than 18 months after scooping up these distressed assets in the hopes of extracting value and boosting market share, the steelmakers are struggling to meet sales and production targets because of a slowdown in the key construction and auto sectors.

from Moneycontrol Business News https://ift.tt/2BSjn7C
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