Looking beyond the point that few small firms get affected due to curbs on steel imports, cheaper steel dumps into the country will affect the Indian steel industry on the whole
By Sai Nikesh D
In contrast to the government’s moves towards imposition of anti-dumping duties on steel imports into the country, the small-scale firms are concerned over curbs on steel imports into the country.
Steps being taken by the government aimed at protecting domestic steel makers, especially the larger ones, from flood of cheap imports could end up closing scores of small, local firms that process the metal, said the industry analysts and executives, according to the news sources.
This article was published in The Dollar Business on July 10, 2015