The huge depreciation of Dollars has been a curb to the growth of exports of Hardened Tempered Steel Strips from India.
Indian market was exporting close to 1000 MT of H+T Steel Strips monthly.Precision strips from India were not only competetive but were quite at par, in quality, in comparison to European manufacturers. But due to weak dollars the exports has effected a lot and material of Brazil or China is more cost effecient in comparison to India.
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