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Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache

In the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia is inflating the cost of coking coal imports, intensifying the financial strain. Yet, domestic production is holding its…

By PTI· The Times of India· 7 days ago· 2 min read
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache