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Indian steelmakers witnessed record-high prices at the beginning of December last year as global commodity prices rallied following a rebound from the second wave of the pandemic. Steel Prices have moderated towards the end of the year but input prices, which came down slightly in the November-December, are rising again. Industry wants ADD (anti-dumping duty) in certain steel products and a correction in the inverted duty structure to help small and medium business particularly hit hard among other measures.