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Indian steelmakers pivot home as Europe tightens imports, China squeezes margins
Indian steelmakers are shifting focus to domestic markets amid tighter European import rules. Exports to the EU and Britain are expected to significantly decrease this fiscal year. Competition from cheaper Chinese steel is challenging this domestic strategy. Companies are also exploring markets in East Asia and the Middle East. India's steel capacity is expanding, anticipating strong domestic demand growth.
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economictimes.indiatimes.com
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Indian steelmakers pivot home as Europe tightens imports, China squeezes margins
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