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Steel major touches fresh high on sector optimism
A major steel stock hit a new 52-week high, supported by firm prices and improving sector demand outlook.
Shares of a leading steel producer reached a new 52 week high as investors reacted to improving sector fundamentals. Firm steel prices, infrastructure demand, and expectations of stable margins supported sentiment.This achievement underscores the stock’s robust momentum over the past year, reflecting strong performance within the ferrous metals sector despite a modest pullback in today’s trading session.