Via Metal Miner In July, India became a net importer of steel for the fourth time in the last year. And therein lies a tale of tariffs, changes in steel prices, and supply and demand. However, before discussing those issues, it’s important to revisit the facts. A recent report by India’s Steel Ministry revealed the country became a net importer of steel for the first time in the ongoing fiscal year and the fourth time in a calendar year. Throughout this month, the country imported 587,000 tons of steel, while exports amounted…
