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2024

India steel market hit by unfair imports, dumping amid slump in China: former steel secy

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Former steel secretary Nagendra Nath Sinha has raised concerns about the Indian steel market being impacted by unfair imports and dumping, exacerbated by a demand slump in China. He emphasised the need for the government to take immediate action to address these issues to protect the profitability of domestic steel makers. An anti-dumping probe has been initiated into the import of hot-rolled steel products from Vietnam following complaints from the Indian Steel Association.