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Ноябрь
2024

Prolonged Chinese imports may hit Indian steel industry's investments, Tata Steel CEO says

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Tata Steel's CEO has warned that an influx of cheap Chinese steel imports is threatening the Indian steel industry. The surge in imports, deemed "unfairly priced," could stifle investment in the domestic market. While Indian demand for steel is booming, the influx of Chinese products is keeping prices low. The industry is urging the government to implement protective measures like tariffs to curb the flow of imports.