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How a CII probe cut short a year-end govt cheer for Tata Steel, JSW Steel, SAIL et al

In a major relief to domestic steel companies, the government on December 30 imposed safeguard duty on cheap imports. But the cheer proved to be short-lived, as a CCI probe alleged that major steel companies violated antitrust rules by colluding over pricing. Is the Indian steel industry facing a ‘1 step forward, 2 steps back’ situation?

from Economy-Prime-Economic Times

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