India to monitor Chinese steel imports: Source
Synopsis India is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a three-year import tariff imposed
Synopsis India is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a three-year import tariff imposed in December, the nation remained a net steel importer in May, with finished steel imports exceeding the recent average. Concerns are rising among domestic steelmakers as Chinese exports to India hit a two-year high in April, suggesting existing tariffs may not be sufficient protection.
The BriefWire