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Online earning for beginners ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!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.

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

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