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.
Materials
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
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