BNE News Desk ,Spread the loveNew Delhi: The government is working to address the issues related to steel imports, Union Steel Minister H D Kumaraswamy said on Tuesday. "This surge is primarily driven by increased Chinese steel exports due to slowing domestic demand there. India's Steel Imports Surge 51 pc in H1 FY24-25, Driven by Increased Shipments from Vietnam, ChinaAdditionally, Vietnam has contributed significant incremental volumes to India. According to BigMint data, India's steel imports were at 5.51 million tonnes (MnT) in April-September 2024-25, higher from 3.66 MnT in the year-ago period. Imports from China have surged to 1.85 MnT during that period from 1.02 MnT in April-September period of financial year 2023-24.

Source: Economic Times November 19, 2024 11:57 UTC