<ul><li>India's steel trade deficit for the April - November period of this fiscal year reached ₹26,468 crore.</li><li>Imports from China surged, accounting for nearly one-third of total import shipments.</li><li>Export markets, particularly Europe, faced challenges and saw reduced shipments.</li><li>ArcelorMittal announced a price hike for HRC in Europe, signaling potential price revival.</li></ul>

India’s steel trade deficit soars to ₹26,468 crore as imports from China surge, export challenges persist

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