BusinessPhoto: Business StandardFM Sitharaman Calls for Global Action on Steel Overcapacity
Union Finance Minister Nirmala Sitharaman urged multilateral action to tackle global steel overcapacity, stating that unilateral tariffs only shift surplus steel between markets. Speaking at the World Steel Association's General Assembly in New Delhi, she emphasized the need for multilateral disciplines on subsidies and transparent data. She also invited worldsteel to open an office in India, highlighting India's role as the largest growth source in global steel demand.
Business Standard··New Delhi



