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Engineering Goods Exporters Not Happy As Steel Mills Raise Prices
“If these issues aren’t ironed out for the industry, several jobs would be at stake.”
28 Aug 2020, 12:48 PM IST
While India’s steel mills have finally seen prices rise, showing recovery from the economic disruption caused by the Covid-19 lockdown, engineering exporters aren't happy.“Against the backdrop of restrictions on imports from China, Vietnam and South Korea, Indian steelmakers have raised the prices across different product categories, making the raw material costs for user industries sky-high and leaving the engineering exporters non-...
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