Small steel companies defer decision to cut jobs and production, decision after imposition of duty on imports

Steel: Mill officials say that the imposition of duty to protect domestic producers is a good decision of the government. This may lead to a decline in steel imports from China. Adarsh ​​Garg, Chairman and Managing Director of Jogindra Group of Punjab, said, imposing safeguard duty is a big relief for the loss-making industry and it may provide an opportunity to increase prices. For now, we have deferred the decision to cut jobs. We will see how the demand remains after this step.

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