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Tata Steel, JSW Steel may see further value erosion amid weak India demand

The shares already lost about third of their value this year

Shares of Tata Steel have fallen almost 30% so far this year, while that of JSW Steel lost 26% in Mumbai trading.    © Reuters

MUMBAI (NewsRise) -- Shares of Tata Steel and JSW Steel could face further erosion amid weak demand at home and falling global prices after India's top steel makers already lost about a third of their value so far this year.

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