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Steel Imports Threaten Domestic Industry’s Growth, Says ICRA in FY25 Outlook

The country’s domestic steel sector will have a very tough year going ahead with capacity utilization likely to slide below 80% for the...

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India’s Steel Imports from China Surge 35%, Pressuring Domestic Producers

India’s finished steel imports from China soared to a record 1.7 million metric tons in the first seven months of FY2024 (April-October), marking...

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India Proposes 25% Safeguard Duty on Steel Imports Amid Rising Concerns

In a bid to address challenges faced by the domestic steel industry, the Ministry of Steel has proposed a 25% safeguard duty on...