New Delhi: India's steel ministry is unlikely to push for any new measures to curb cheap imports in the near term, turning down a request from domestic steelmakers, according to a government source with direct knowledge of the matter.
India, the world's second-biggest crude steel producer, was a net importer of finished steel in April-August, shipping in 3.5 million metric tons of the alloy, up 29.5% from a year ago. China accounted for 31.8% of imports, making it the top exporter of finished steel to India in the period.
