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17 Feb
00:00

Indian producers reiterate calls for import duties as China-origin steel floods market

Indian steelmakers have reiterated calls to the government for an increase in steel import duties to stem the increasing inflow of foreign products that is harming local producers’ profitability, according to reports. India has become a net importer of steel in April 2014-January 2015 during which 8.1 million tonnes of steel are estimated to have come from abroad compared to 4.8mt in the year-earlier period. In calendar-year 2014 imports from China alo…
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