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India’s steel industry outperforms the global outlook by far. But this necessitates a special government response, construction experts tell CW.
The duty aims to counter the impact of rising low-cost steel imports.
13.5% jump in steel consumption
Industry experts suggest that the government needs to take a more proactive approach
These challenges have started to take a toll on the production and export
India is the world's second-largest crude steel producer, had become a net importer in 2023/24.
India urged to impose steel tariffs.
India urged to impose steel import tariffs.
India addresses challenges posed by increasing steel imports.
China's steel imports into India surge.
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