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Germany's proposed low emission steel standard may pose challenges to Indian industry: GTRI

By Economic Times - 3 months ago
Germany's upcoming Low Emission Steel Standard (LESS) presents challenges for India's steel industry, which faces declining exports and higher imports. Indian steelmakers risk losing competitiveness without aligning with these standards. The industry must invest in low-carbon technologies and infrastructure, supported by government policies, to remain viable in global markets.

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