Steel, trade ministries in talks over rising Chinese imports, says sources
Sat, Jun 29, 2024 4:05 PM

Steel, trade ministries in talks over rising Chinese imports, says sources

A Flip by Avya Verma
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India's steel ministry is discussing rising imports, particularly cheap Chinese goods, with the commerce ministry, as the country becomes a net steel importer. Finished steel imports reached a 5-year high in April and May, up 19.8% from the previous year. Indian steel producers, such as Tata Steel, are calling for higher tariffs to counter cheap Chinese imports.

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