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Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Invest with ₹500 and earn up to 100% monthly. Start growing your money now!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.

Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Low investment, big rewards! ₹500 to start and grow your money consistently.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.

Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Invest ₹500 and enjoy exponential growth with minimal risk.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.

Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Your ₹500 investment can bring you consistent returns 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.

Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Invest ₹500 and let blockchain-powered tools grow your wealth!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.

Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Invest with ₹500 and earn up to 100% monthly. Start growing your money now!A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Start small, earn big! ₹500 can get you high monthly 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.Use AI to streamline content marketing and increase sales engagement ✌️【Non-Full-Time】✌️Start with ₹500 and earn big! High returns, low risk, and consistent growth.