India shifts to net steel importer in 2018-19 fiscal

India has emerged as a net importer of steel for the first time in three years during fiscal year 2019.It became a net importer despite being the second largest steel producer. India’s imports has increased due to (a)demand for better quality of steel in the domestic market and (b)reduced exports due to imposition of tariffs… Continue reading India shifts to net steel importer in 2018-19 fiscal