STORY OF THE MELT­ING ME­TAL

Hindustan Times (Patna) - Live - - Business -

The com­pany plans to rope in a for­eign part­ner to raise cap­i­tal and re­duce debt In­dia’s steel im­ports rose 42% to 5.42 mil­lion tonnes in the first half of 2015-16 Steel prices have fallen 37%, hit­ting prof­itabil­ity of com­pa­nies The gov­ern­ment im­posed a 20% im­port tax on some steel prod­ucts in Septem­ber to mit­i­gate the dam­age to do­mes­tic com­pa­nies

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