India's top steelmakers are bullish on demand despite the third wave of the pandemic, after reporting strong production numbers for the December quarter. Buying activity has improved with a rise in pent-up demand and new projects from the infra side and fresh demand coming in from auto and appliances, said Jayant Acharya, director of commercial and marketing at JSW Steel. "We haven't seen much impact on output or demand due to the third wave," he told ET. "The severity of the cases are mild and there are guidelines but no business restrictions/lockdowns in place as of now. So, there is no supply disruption." JSW reported a combined crude steel production of 5.35 million tonnes for the December quarter, up 6% sequentially and 28% year on year.
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