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cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️Small investments, big results! ₹500 can earn you up to 100% in just 30 days.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.

cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️Start with ₹500 and unlock up to 100% monthly returns. Grow your wealth the smart way!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.

cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️Turn ₹500 into much more with AI-assisted investments that offer high returns.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.

cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!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.

cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!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.

cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️Small investments, big results! ₹500 can earn you up to 100% in just 30 days.A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️High-Yield Investments start with ₹500. Maximize your returns and build 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.cnbctv18 com in India for beginners ✌️【Employment Opportunities】✌️Start investing with ₹500 and make your money work for you with high returns.