Steel imports impact local steel manufacturers – a large steel manufacturing plant with molten steel pouring, industrial workers, and heavy machinery, featuring the watermark 'Umbrella Steel Mills'

Surge in Steel Imports and Its Effects on local steel manufacturers

Introduction Steel plays a crucial role in the economic development of any country. It is the backbone of infrastructure, construction, manufacturing, and several other essential industries. From bridges and buildings to vehicles and machinery, steel is everywhere. However, in recent years, local steel manufacturers have been facing a growing challenge—an alarming surge in steel imports. […]

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