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07 Jun
16:19

India plans including refractories in production-linked incentive scheme

The Indian steel ministry is planning to include refractories in the upcoming production linked incentive (PLI) scheme 2.0 for steel, a ministry source informs Kallanish. “Including refractories into PLI 2.0 is a work in progress,” the source adds. The refractory sector and the steel ministry are now working on developing an incentive policy to increase domestic production and lessen reliance on imports from China. "The steel industry is a major…
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