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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.

masschallenge org in india for beginners ✌️【365vc.net】✌️Invest small, earn big! ₹500 to start, with potential 100% returns in just one month.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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masschallenge org in india for beginners ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.These are countries with which India has inked comprehensive economic partnership agreements.

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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