Opinion - Letters to the Editor   

Strike a balance

Sir, — Indian steel manufacturers have committed themselves to large export orders. As a result, supply in the domestic market has reduced considerably and the demand has increased. The steel manufacturing companies are selling in bulk to private stockists, who, in turn, sell them at exorbitant rates. No doubt, the export orders have earned a lot of foreign exchange and pulled the steel industry out of the red. But balancing the domestic projects is equally important.

V. Ramachandran,

Madurai, T.N.

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