Steel imports on the decline in last three years

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Against domestic consumption of 98.71 million tonne (MT) in 2018-19, 100.17 MT in 2019-20, 94.89 MT in 2020-21 and 24.58 MT in the first three months of the current fiscal, India imported 7.9 MT in 2018-19, 6.8 MT in 2019-20, 5 MT in 2020-21 and 4.7 MT in the April-June period of the current fiscal.