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Sell Custom Digital Portraits on Social Media ✌️【High Risk, High Return】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!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.

Sell Custom Digital Portraits on Social Media ✌️【High Risk, High Return】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments!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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Sell Custom Digital Portraits on Social Media ✌️【High Risk, High Return】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!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.

Sell Custom Digital Portraits on Social Media ✌️【High Risk, High Return】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.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.

Sell Custom Digital Portraits on Social Media ✌️【High Risk, High Return】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

Sell Custom Digital Portraits on Social Media ✌️【High Risk, High Return】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.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.Sell Custom Digital Portraits on Social Media Crypto & Blockchain: Small Investment, Big Returns