Steel Industry – Current challenges, National Steel Policy 2017, etc

Govt extends steel floor prices for two months to curb cheap imports

  1. Context: Cheap imports from China are becoming an increasing cause of worry for our native steelmakers
  2. Earlier in february, for the first time in 15 years – govt. had introduced a minimum import price to safeguard our local steel production
  3. An Indian government body recommended this week the introduction of provisional anti-dumping duty on imports

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