Tag: India’s steel sector faces import surge. What are the challenges and concerns?
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India’s steel sector faces import surge. What are the challenges and concerns?
The Indian steel sector has witnessed a significant shift in recent years, with a notable increase in steel imports. After a gap of five years, the country became a net importer of steel in FY’24, and this trend is showing no signs of slowing down. Notably, China’s share in India’s steel imports has grown substantially,…