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Uzbekistan keen to import steel from India to cut logistics costs
Uzbekistan is keen to import steel from India, a strategic move aimed at significantly lowering logistics costs for the landlocked Central Asian nation, an industry official said on Tuesday. The landlocked country imports around 1 million tonnes of steel, including TMT bars, from China, the official said. The logistics cost from China to Uzbekistan via sea route is as high as USD 100 per tonne, in addition to the actual steel cost. The country is keen to import steel from India via a shorter, a…
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