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75433510.
The staggering 177% increase in stainless steel imports as compared to last year’s (FY 21) average, mostly from China and Indonesia, has put the entire industry in peril. The Indian stainless-steel sector, the second largest producer and consumer in the world, has a total capacity of more than 50 lakhs tons of stainless steel annually, which is sufficient to cater to the ...

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