ArcelorMittal’s India JV CEO Calls for Government Action Against Predatory Steel Imports

BENGALURU – ArcelorMittal’s India joint venture urged the federal government to implement measures to curb steel imports at predatory prices.

“We remain hopeful that the government will take decisive actions to curb steel imports at predatory prices, which is a serious and immediate concern,” ArcelorMittal Nippon Steel India CEO Dilip Oommen said on Tuesday.

Earlier in the day, JSW Steel CEO Jayant Acharya told Reuters that the Indian steel industry is in talks with the government for trade measures to combat rising imports, particularly from China and Vietnam.

(Source: ReutersReuters)

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Jennifer Tacker

Jennifer Tacker is a staff writer at ABBO News. She holds a B.A. from the University of Waterloo and a B.Ed from Western University. Jennifer has been active in the stock market and crypto sector for a decade. She specializes in technical analysis and trading strategies.

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