New Delhi - India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said, without sharing further details.
Rising imports are a key issue for steelmakers even as demand for the metal continues to surge, Kumaraswamy told reporters at an industry event.
India, the world’s second biggest crude steel producer, was a net importer of steel through the fiscal year ending March 2024, and remained a net importer from April to July.
China was the top steel exporter to India from April to July, followed by Japan . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
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