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For the first time after recession hit the country, Indian steel makers got the opportunity to raise prices of their products. This is another major sign of India ’s economic recovery. Due to an anticipated high demand from the construction sector, Indian steel makers have increased prices of their overall products by 3.5%. Since August 2008, global production of steel decreased by 25%-30% as demand started to decline in the infrastructure sector. Uttam Galva , one of the leadin