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Steel shares down after China PMI hits three-month low

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Reuters

Reuters Market Eye - Steel companies fall on concerns of weak demand after slower growth in China.

Growth in China's vast factory sector slowed to a three-month low in August.

Tata Steel Ltd is down 1.1 percent, JSW Steel is down 0.6 percent and Jindal Steel and Power is down 0.4 percent.

(Reporting by Indulal PM)

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First Published: Aug 21 2014 | 10:15 AM IST

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