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    <title>Spike in freight rates amid global tensions big challenge for steel sector: Tata Steel official</title>
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    <description>Global freight rates have risen sharply amid geopolitical tensions, increasing logistics costs for steelmakers dependent on imported coking coal and other raw materials. Domestic operations and production remain stable, but higher shipping charges are affecting input costs and exposing supply-chain vulnerabilities, especially for imported limestone and other sensitive shipments. The sector is responding by shifting to alternate sources, reducing fuel exposure, and strengthening operational resilience and cost control.</description>
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