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There has been steep increase in export of steel during April-May ,2005 . The total export of steel during the period has been estimated to 9 lakh tonnes showing an increase of 27.65 per cent as compared to 7.05 lakh tonnes for the corresponding period last year .
This increase in export is on account of the high international prices particularly in February-March ,2005 when these orders were booked. Imports of steel have also increased substantially particularly from the CIS countries like Ukraine.
SKM:PM
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