India turned net exporter of steel this year and the trend is expected to continue as the metal’s quality has become globally competitive, according to Indian Steel Association. This is the beginning for India towards becoming a global player, the association said. The country is no doubt on the right path. “It is already a net exporter.
This will give strength to domestic production so that the entire production may not be intended for domestic consumption and some positive development needs to move further,” the association added. “From September 2014 till end of September 2016 huge imports came to India, and since about beginning of this year, it shows the trend of becoming a net exporter,” Sanak Mishra, Secretary General and Executive Head, Indian Steel Association (ISA) told PTI in an interview. Read More…
Credit By: Live Mint
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