Indian steel mills feel crunch from cheap Chinese imports

Impact of Chinese Steel Imports: India's steel industry is facing significant challenges due to a surge in cheap Chinese steel imports, leading to reduced capacity utilization and potential job cuts at smaller mills, which account for a large portion of the country's steel production.

Government Response and Industry Concerns: The Indian Steel Association has raised alarms about the survival of the domestic steel sector, prompting calls for import curbs to protect local producers and maintain employment levels as the country continues its rapid development.