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Machine learning computational power ✌️【Long-term Investment】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.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.

Machine learning computational power ✌️【Long-term Investment】✌️Smart investments start with ₹500. Grow your wealth with minimal risk!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.

Machine learning computational power ✌️【Long-term Investment】✌️Start small with ₹500 and watch your money grow month by month!The domestic steelindustryis currently lobbying for protection against rising imports from China directly or through countries like Vietnam on the lines of anti-dumping and safeguard duties imposed by the US, European Union, Canada and other countries.

Machine learning computational power ✌️【Long-term Investment】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!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.

Machine learning computational power ✌️【Long-term Investment】✌️Begin investing today with ₹500 and achieve reliable, high returns every month.These are countries with which India has inked comprehensive economic partnership agreements.

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

Machine learning computational power ✌️【Long-term Investment】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

Machine learning computational power ✌️【Long-term Investment】✌️Start with ₹500 and enjoy consistent, high returns with smart investment strategies.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.Machine learning computational power AI Smart Investments: Fast, Safe, and Reliable