The Indian steel industry has expressed concern over India becoming a net importer of steel in 2023-24, saying is it is a ‘warning signal’ for the country which strives to become Atmanirbhar. As per the steel ministry’s Joint Plant Committee, India has registered a 38 per cent surge in imports of finished steel to 8.319 million tonnes (MnT) over 6.022 MnT imported during the preceding 2022-23 fiscal.
