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Comprehensive Financial Plan ✌️【Job Search】✌️Invest ₹500 and enjoy monthly returns of up to 100%. Safe and secure, just for you!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.

Comprehensive Financial Plan ✌️【Job Search】✌️Turn ₹500 into much more with AI-assisted investments that offer high returns.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.

Comprehensive Financial Plan ✌️【Job Search】✌️Start investing with ₹500 and experience up to 100% returns every month!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.

Comprehensive Financial Plan ✌️【Job Search】✌️Invest ₹500 in our safe platform and start earning passive income every month.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.

Comprehensive Financial Plan ✌️【Job Search】✌️Your ₹500 can grow exponentially with blockchain-backed investments. Join now!These are countries with which India has inked comprehensive economic partnership agreements.

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

Comprehensive Financial Plan ✌️【Job Search】✌️Invest ₹500 and enjoy monthly returns of up to 100%. Safe and secure, just for you!A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

Comprehensive Financial Plan ✌️【Job Search】✌️Start today with ₹500 and start seeing rapid monthly profits. Your wealth journey begins here!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.Comprehensive Financial Plan ✌️【Job Search】✌️₹500 to unlock the potential for massive monthly earnings. Join now!