Monday, June 6, 2016

India's May steel imports lowest in at least 14 months

NEW DELHI, June 6 (Reuters) - India's steel imports fell in May to their

lowest level in at least 14 months, provisional government data showed,

thanks to the country's efforts to cut cheap overseas purchases.

India, the world's third-largest steel producer, imported 546,000 tonnes

of finished steel last month, nearly 41 percent lower than the same month a

year earlier, data from the Joint Plant Committee (JPC) of the steel

ministry showed. The JPC website shows monthly steel import data sin

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