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Steel industry red-flags surge in imports tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
The Indian steel industry is concerned about becoming a net importer of steel in 2023-24, a "warning signal" for the country s self-reliance. The country has registered a 38% surge in imported finished steel, compared to 6.022 MnT in the preceding fiscal. The Indian Steel Association (ISA) secretary general Alok Sahay called for urgent trade remedial action to arrest predatory imports and prevent China from using India s growth momentum for supporting its steel mills. ....
As per the steel ministry's Joint Plant Committee, India has registered a 38 per cent surge in imports of finished steel to 8.319 million tonnes (MnT) over 6.022 MnT imported during the preceding 2022-23 fiscal. ....
Steel Industry Imports: The Indian steel industry is concerned about becoming a net importer of steel in 2023-24, a "warning signal" for the country s self-reliance. The country has registered a 38% surge in imported finished steel, compared to 6.022 MnT in the preceding fiscal. The Indian Steel Association (ISA) secretary general Alok Sahay called for urgent trade remedial action to arrest predatory imports and prevent China from using India s growth momentum for supporting its steel mills. ....