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learning to trust the process ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!This has depressed steel prices, making it difficult to sustain the industry’s plans to add capacities.
In this milieu, inventory levels of steel firms have risen from the normal 15-16 days to 30 days.AlthoughIndiais the world’s second-largest crudesteelproducer, it has become a net importer of finished steel since last fiscal, marking a shift in status as a net exporter since FY20.
learning to trust the process ✌️【365vc.net】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!The domestic steelindustryis currently lobbying for protection against rising imports from China directly or through countries like Vietnam on the lines of anti-dumping and safeguard duties imposed by the US, European Union, Canada and other countries.
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In fact, around 62% steel imports at nil duties are currently landing from countries with which India has signed free trade agreements.
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