Indian steel industry alarmed by potential surge in Chinese steel imports due to US tariffs.
Indian steel mills worry about a potential surge in Chinese steel imports after the US imposed tariffs on China, making them "highly vulnerable to surging and predatory import," according to Alok Sahay, secretary general of the Indian Steel Association. India's steel industry is already dealing with cheaper imports, and the association warns that Indian steelmakers may be adversely affected by increased Chinese shipments.
May 16, 2024
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