Wednesday, February 24, 2010

Singhania upbeat on Tata Steel, JSW Steel

Singhania upbeat on Tata Steel, JSW Steel

Sumeet Singhania, Research Analyst (Metals), Antique Stock Broking is upbeat on Tata Steel and JSW Steel in the ferrous space. Singhania told CNBC-TV18, “I don’t think there is a case for hiking import duty at this point in time. If you look, India has been a net importer of steel for the last two years to the extent of almost three-four million tonne.

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