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13.5% jump in steel consumption
Steel mills in India are experiencing considerable financial distress due to the large volume
These challenges have started to take a toll on the production and export
India imposes duty on imported welded pipes.
JSW Group and POSCO ink MoU for steel project.
New incentives for green steel development.
Decarbonization relies on ferrous scrap usage.
India urged to impose steel tariffs.
Chinese imports now account for nearly one-third (33%) of India’s total steel imports.
This is aimed at increasing the availability of raw materials at competitive prices.
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