(MENAFN- KNN India) Bengaluru, Nov 21 (KNN) India's steel industry is charting a green trajectory, aligning with global decarbonisation goals, according to Sajjan Jindal, President of the Indian ...
Growing tensions between the U.S. and China have negatively affected the steel industry. These trade wars caused a sharp drop in domestic steel prices and dampened its demand all over the world.
according to the World Steel Association, an industry group. The Belt and Road Initiative (BRI), China’s global infrastructure bonanza, has helped its steelmakers expand their global reach.
To support American manufacturing from Detroit to ... This would ultimately destabilize the domestic steel industry when we need an “all hands on deck” approach to counter China.