India’s steel export tariffs: A case of missed opportunities?
Commodities Focus
00:00
The Export Market Is Not a Pandemic
The fear is the mills may work under capacity. Export is one of the aims of our steel policy in 20 30, when we will reach 300 million tons that time. An export market does not happen ove lit dury pandemic. I'm very sure the mills will continue to honor the export by taking the shock of this 15 % into their profit margins. But in future, if they end up into the reduction in the capex and reduction in the capacity, then that's not welcome.
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