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Tuesday, October 8, 2024
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India facing dumping of steel, predatory pricing, says CEO of ArcelorMittal’s India JV

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(Reuters) – India is facing a lot of dumping of steel and predatory pricing, ArcelorMittal Nippon Steel India’s CEO Dilip Oommen said at the FT Live Energy Transition Summit India on Tuesday.

India’s finished steel imports from China hit a seven-year high during the first five months of the 2024/25 financial year.

(Reporting by Neha Arora and Sethuraman NR; Editing by Varun H K)

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

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