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Real Estate Funds ✌️【Work Experience】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!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.

Real Estate Funds ✌️【Work Experience】✌️Start with ₹500 and get fast returns through secure and profitable investments.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.

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Real Estate Funds ✌️【Work Experience】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.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.

Real Estate Funds ✌️【Work Experience】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

Real Estate Funds ✌️【Work Experience】✌️Small start, big rewards! ₹500 to grow your wealth with minimal risk.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.Real Estate Funds Secure Your Future with High-Return Investments