Nippon Steel president says suing US government is an option
Nikkei business daily had reported that Nippon Steel will challenge Joe Biden's order to block its acquisition of US Steel.
India may exempt certain steel product imports from quality control requirements to meet domestic demand and rein in prices, broadcaster ET Now reported on Thursday citing sources.
The products could include aerospace steel grade and high-speed tool steel among others, the broadcaster said.
India only allows steel grades that are governed by its quality control policy and is ratified by its bureau of Indian standards.
(By Kanjyik Ghosh; Editing by Jane Merriman)
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