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Trends to look out for in the steel production sector

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Trends to look out for in the steel production sector
According to recent GDP reports, the downturn in the manufacturing sector - including iron, steel, non-ferrous metal products, metal products and machinery - has contributed a total of 11% to the overall 51% decline. Although the domestic steel market has been regressing for the past few years, Neil Reddy, business strategy and projects manager at Veer Steel Mills, believes a slight upturn in enthusiasm has been perceived as industry role players endeavor to stimulate the industry through diversifying capabilities such as renewable energy.
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