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China's steel production peaked at 1.065 billion metric tonne in 2020.
The company has invested Rs 85 billion into this new product line.
JSW Steel has already reduced its capital expenditure for the year.
The decision to file lawsuits was not taken lightly.
Finished steel imports from all key exporters to India have increased.
Sales in automotive and special products segment rose 3% to 2.3 mt.
Previously, Singh was director-in-charge of Burnpur and Durgapur Steel Plant.
Indonesia’s steel consumption is around 17 mt.
India is the world's second-largest crude steel producer, had become a net importer in 2023/24.
India’s steel exports rose to 440 million lakh tonnes in October.
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