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Direct Stock Investment ✌️【Job Search】✌️₹500 to unlock the potential for massive monthly earnings. Join now! However, a safeguard duty does not serve the interests of engineering industries as it will raise prices—steel constitutes 60% of the production cost for most products—and makes their exports uncompetitive in global markets.

Direct Stock Investment ✌️【Job Search】✌️Start small, earn big! ₹500 can get you high monthly returns!They are also worried over restrictions on steel shipments in ports and have urged the government to expedite the issuance of no objection certificates to clear them from customs.For such reasons, a safeguard is perhaps a blunt instrument to address the current travails of the steel industry, although they are, no doubt, hurting from the deluge of imports and lower prices.

Direct Stock Investment ✌️【Job Search】✌️₹500 to unlock the potential for massive monthly earnings. Join now!Besides the big players, the one most affected are the small and medium-sized steel mills that account for 41% of total output and employ more than 1.5 million workers.

Direct Stock Investment ✌️【Job Search】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.Their levels of capacity utilisation have also dropped by a third over the last six months.

Direct Stock Investment ✌️【Job Search】✌️₹500 to unlock the potential for massive monthly earnings. Join now!A safeguard duty will not be needed if domestic steel prices recover from lows of $499 per tonne in end-October.“If steel prices stay at $450-500 per tonne levels, it will be difficult for any steel company to support significant expansion”, stated TV Narendran, MD and CEO ofTata Steel, in an earnings call in early November.

He added that a good place for prices is between $550-650 per tonne, but this would happen if Chinese imports halve from current levels.

Instead of waiting for the dragon to tackle its surplus steel problem, a more efficacious course is to review the foreign trade agreements the country has signed to minimise steel imports at nil duties.Avocados are an ideal first food for babies due to their rich nutrient content, including vitamins A, D, E, and K, folate, and potassium.

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