The government on Monday called for an “open house” to discuss issues related to steel imports with industry stakeholders.
Companies and associations may present their issues in the open house scheduled for October 27 in the national capital, the Ministry of Steel said in a statement.
The development comes at a time when domestic players have been complaining about cheap imports affecting their competitiveness.
The Reserve Bank India (RBI) has also noted that steel imports have seen a surge, largely driven by lower import prices. It has also called for policy support to boost the competitiveness of domestic steel production.
“The dumping of cheap steel from global producers may pose a risk to the domestic steel production, which can be mitigated through suitable policy measures,” as per an article published in the Reserve Bank’s October Bulletin.
“The dumping of cheap steel from global producers may pose a risk to the domestic steel production, which can be mitigated through suit​The government on Monday called for an “open house” to discuss issues related to steel imports with industry stakeholders.
Companies and associations may present their issues in the open house scheduled for October 27 in the national capital, the Ministry of Steel said in a statement.
The development comes at a time when domestic players have been complaining about cheap imports affecting their competitiveness.
The Reserve Bank India (RBI) has also noted that steel imports have seen a surge, largely driven by lower import prices. It has also called for policy support to boost the competitiveness of domestic steel production.
“The dumping of cheap steel from global producers may pose a risk to the domestic steel production, which can be mitigated through suitable policy measures,” as per an article published in the Reserve Bank’s October Bulletin.
“The dumping of cheap steel from global producers may pose a risk to the domestic steel production, which can be mitigated through suit ​Latest News [ SOBAN NEWS: International and National ]
