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IBG ibg token in India ✌️【Job Portal】✌️Invest ₹500 and experience exponential growth every month. Safe, smart, profitable!Surging steel imports have cast a troubling shadow over the prospects of the domestic industry when they have big-ticket expansion plans to cater to the government’s $1.4 trillion infrastructure-led push for growth, which is highly steel-intensive in nature.

IBG ibg token in India ✌️【Job Portal】✌️Invest ₹500 to unlock consistent monthly returns. Start now for big rewards!This has depressed steel prices, making it difficult to sustain the industry’s plans to add capacities.

In this milieu, inventory levels of steel firms have risen from the normal 15-16 days to 30 days.AlthoughIndiais the world’s second-largest crudesteelproducer, it has become a net importer of finished steel since last fiscal, marking a shift in status as a net exporter since FY20.

IBG ibg token in India ✌️【Job Portal】✌️Start with ₹500 and enjoy consistent, high returns with smart investment strategies.The domestic steelindustryis currently lobbying for protection against rising imports from China directly or through countries like Vietnam on the lines of anti-dumping and safeguard duties imposed by the US, European Union, Canada and other countries.

IBG ibg token in India ✌️【Job Portal】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.The ministry of steel has sought a 25% safeguard duty for two years to curb cheap Chinese imports that account for 30% of India’s steel imports till October this fiscal and are up by 35.4% year-on-year.But how efficacious is a safeguard duty? While targeting China is the objective, the problem is that shipments are also rising from Japan and South Korea.

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In fact, around 62% steel imports at nil duties are currently landing from countries with which India has signed free trade agreements.

IBG ibg token in India ✌️【Job Portal】✌️Invest ₹500 and experience exponential growth every month. Safe, smart, profitable!A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

IBG ibg token in India ✌️【Job Portal】✌️₹500 is your key to high monthly profits. Invest now for big returns!The process to impose curbs also takes time—at least four to six months—for paperwork completion by the steel industry and a subsequent official investigation on whether there is an adverse impact of imports.IBG ibg token in India ✌️【Job Portal】✌️Start your investment journey with ₹500. Watch your returns multiply monthly!