India's steel imports from China have reached a record high, exacerbating the financial difficulties faced by Indian steel producers.

These companies are grappling with the impact of inexpensive Chinese imports and declining domestic prices, despite strong demand driven by rapid economic growth and increased infrastructure spending in India.

China, known as the world's largest steel producer, has primarily exported various steel products to India, including stainless steel, hot-rolled coils, galvanized sheets, plates, and electrical sheets.

This increase in imports is adding to the ongoing challenges faced by Indian manufacturers in a competitive market.