💨 Abstract

Tata Steel's CEO expressed concern over India's increased imports of "unfairly priced" steel from China, which could negatively impact the domestic steel industry's investment plans. Chinese steel is allegedly being sold at a loss, creating unfair competition. India's steel demand reached a seven-year high, with the country remaining a net finished steel importer, particularly from China. The industry is seeking higher tariffs or safeguard measures to combat rising imports.

Courtesy: theprint.in

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