'With the duty, steel companies are forced to vacate export markets... our loss is China's gain' - Business News: Latest News & Videos about market and economy | Trendmergers

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'With the duty, steel companies are forced to vacate export markets... our loss is China's gain'

The steel industry is in dialogue with the government to review its "draconian" levy, Oommen said in an interview with ET's Satish John. The duty could have been levied after a consultative process, he felt. If this duty continues, it will be "India's loss and China's gain," the industry veteran who is also the CEO of ArcelorMittal/Nippon Steel said.

from Industry-Economic Times
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