Steel imports In India decline to 4.5 million tons in April-October 2016

Steel imports in India have declined upto 39 percent  to 4.5 million tons amid April-October of this financial over a similar period a year prior. Steel Minister Chaudhary  Birender  Singh has said that The government has made different strides in light of a legitimate concern for the local steel industry from unfair foreign competition. Since the start of 2014-15, the Indian steel industry has seen serious worry because of surge in imports from nations saddled with abundance limit and fall in household costs.

 

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