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HomeEconomyArcelorMittal's India JV CEO urges curbs on steel imports at 'predatory prices'

ArcelorMittal’s India JV CEO urges curbs on steel imports at ‘predatory prices’

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BENGALURU (Reuters) – ArcelorMittal’s India joint venture urged the federal government to implement measures to curb steel imports at predatory prices.

“We remain hopeful that the government will take decisive actions to curb steel imports at predatory prices, which is a serious and immediate concern,” ArcelorMittal Nippon Steel India CEO Dilip Oommen said on Tuesday.

Earlier in the day, JSW Steel CEO Jayant Acharya told Reuters that the Indian steel industry is in talks with the government for trade measures to combat rising imports, particularly from China and Vietnam.

(Reporting by Neha Arora and Nandan Mandayam; Editing by Sonia Cheema)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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