Urging 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. 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. Although India is the world's second-largest crude steel producer, it has become a net importer of finished steel since last fiscal, marking a shift in status as a net exporter since FY20.
この記事は Financial Express Chennai の December 11, 2024 版に掲載されています。
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この記事は Financial Express Chennai の December 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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