Govt protecting local steel players from dumping, low prices: Piyush Goyal

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Govt protecting local steel players from dumping, low prices: Piyush Goyal - Business Standard

Quick Summary:

India is poised to contribute significantly to global steel demand, Union Minister Piyush Goyal said on Friday while emphasising that the government has been able to protect the domestic steel industry from unfair dumping and irrationally low pricing.

Speaking on the sidelines of the Steel India 2025 event here, jointly hosted by the Ministry of Steel and industry body Ficci, Goyal also said both exporters and the MSME sector will continue to get steel at international prices.

We are in fact opening the doors wider because every country will have its competitive advantages for different products," he said.