New Delhi - India’s finished steel imports, valued at ₹52,862 crore, is almost double that of the exports, valued at ₹26,394 crore; with the trade deficit widening to ₹26,468 crore – the highest in the last five years -for the April – November period of this fiscal (FY25), as per a report of India’s Steel Ministry. China dominated the import shipments with nearly one out of three offerings coming from the East Asian nation, while export markets, especially Europe, remained under stress.

For the period under review, India was a . . .