India's Smaller Steel Mills Scale Down
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Goodluck India steel millsReuters
•Analysis-Indian steel mills feel crunch from cheap Chinese imports
78% Informative
A flood of cheap Chinese steel has pushed India 's smaller mills to scale down operations and consider job cuts.
India , the world's second -largest steel maker, turned into a net importer in the last fiscal year .
China produces more steel than the rest of the world combined, and its bargain offerings on the global market have prompted widespread trade complaints.
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