Govt to take steps to contain imports of defective steel
The government will take more steps to contain imports of defective or sub-standard steel with a view to helping domestic manufacturers, an official said. The official said that local players prefer imports of defective or sub-standard steel as it is cheaper. According to industry experts, sub-standard steel impacts the quality of goods and hurt domestic manufacturers. The issue was discussed during a high-level meeting of steel and commerce ministries Tuesday. "There is a need to contain imports of defective and sub standard steel. It comes in India because it is cheap in price," the official added.
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