India Plans Price Curbs to Stem Chinese Steel Import DelugeBy
Government working on restructuring of loans to steelmakers
Planned government price measure to cover 45-50% of imports
India plans to step up measures to protect its debt-laden domestic steelmakers by imposing a minimum price on steel imports and studying loan restructuring as the mills struggle under a flood of cheap products from China.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.