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finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Earn massive monthly returns. Start investing with ₹500 today!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.

finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Your ₹500 can grow exponentially with blockchain-backed investments. Join now!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.

finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Start with ₹500 and let our expert-managed funds drive your profits up to 100% monthly!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.

finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Invest small, earn big! ₹500 can earn you consistent monthly profits!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.

finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Start small with ₹500 and enjoy huge returns. AI-driven investment for fast growth!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.

finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Earn massive monthly returns. Start investing with ₹500 today!A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Achieve up to 100% returns with ₹500. Start investing now for a brighter financial future!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.finance impact of small businesses blockchain technology ✌️【Long-term Investment】✌️Invest ₹500 and watch your wealth grow with cutting-edge investment strategies.