Small, medium stainless steel firms severely impacted due to incessant Chinese dumping, says ISSDA
August 18, 2023
According to President, Indian Stainless Steel Development Association (ISSDA), Mr Rajamani Krishnamurti, many of India’s micro, small, and medium enterprises in the stainless steel ecosystem are severely impacted due to the excessive dumping from China. Due to this, 25% of the MSMEs in the stainless steel space in India are shutting down.
(Source: Blomberg Quint)