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Blockchain mining rewards from cloud hosted solutions ✌️【Career Counseling】✌️₹500 to start earning passive income with high monthly returns.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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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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