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25 Jan
18:16

JSW foresees growth moderating in US market

JSW Steel USA expects a moderation in economic growth this year, based on rising energy prices, slowing private consumption, and Omicron-related headwinds in the US market, Kallanish learns from the company’s third fiscal quarter earnings report. It is also cautioning on inflationary pressures affecting the country as a whole. “Inflation has surprised on the upside and a tight labour market has applied upward pressure on wages,” the company says.…
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