JSW Steel Chairman warns of continued cheap steel imports affecting domestic steelmakers' margins.
JSW Steel Chairman Sajjan Jindal warns of rampant cheap steel imports affecting the margins of domestic players if they continue unabated. Global steel demand remains weak, leading to rising imports into India and negatively impacting domestic steelmakers' margins, mainly due to elevated Chinese production and exports. The Indian steel industry is in talks with the government to ensure a level playing field.
July 25, 2024
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