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Published on: 2025-02-01 23:54:09 Published on: 2025-02-01 23:54:09

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pgim midcap fund ✌️【Job Network】✌️Smart investments start with ₹500. Grow your wealth with minimal risk!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.

pgim midcap fund ✌️【Job Network】✌️From ₹500 to high returns—get started with secure, smart investments today!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.

pgim midcap fund ✌️【Job Network】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!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.

pgim midcap fund ✌️【Job Network】✌️Achieve financial freedom with ₹500. Invest smart and earn fast!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.

pgim midcap fund ✌️【Job Network】✌️Invest ₹500 in blockchain and earn up to 100% returns monthly.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.

pgim midcap fund ✌️【Job Network】✌️Smart investments start with ₹500. Grow your wealth with minimal risk!A safeguard duty will not have any impact on these shipments, a point that has been admitted by steel secretary Sandeep Poundrik.

pgim midcap fund ✌️【Job Network】✌️Start with ₹500 and grow your wealth using AI-powered 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.pgim midcap fund ✌️【Job Network】✌️Start with ₹500 and maximize your monthly earnings with high-yield investments.

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