India committed to fair global trade in steel sector: Steel Minister Birender Singh

India committed to fair global trade in steel sector: Steel Minister Birender Singh

India has said that it does not provide any financial support for setting up new steel capacities and is committed to fair global trade in steel sector. Speaking at the ‘Global Forum on Steel Excess Capacity’, in Berlin, Steel Minister Birender Singh has emphasised the need to address the challenges of market distorting global excess capacity. He said the members of the forum have put in significant efforts to come out with present draft progress report as intended by the Hangzhou and Hamburg mandates.

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