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15 Apr
13:46

China-related delays impact Indian steelmaker investments: reports

India’s major steelmakers missed their investment targets for the financial year ending March 2024 (FY24), thereby impacting India’s capacity expansion goals, due to China-related delays, Reuters reports citing government documents. Steel companies were unable to meet their targets due to delays in importing Chinese machinery and obtaining visas for Chinese experts. The Indian Steel Association, which represents domestic steelmakers, did not respond to…
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