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Safeguard Duty on Steel Imports Gives Domestic Mills Pricing Leverage

India’s three-year safeguard duty on select steel imports is expected to curb cheap inflows, improve pricing power for domestic mills, and support margins...

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India Imposes Three-Year Safeguard Duty on Steel Imports to Curb Cheap Inflows

India has imposed a three-year safeguard duty of up to 12 percent on select steel imports to protect domestic manufacturers from a surge...

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India Considers Extending Import Tariffs on Steel Products to Counter Cheaper Chinese Shipments

India is evaluating an extension of safeguard duty on select steel products to protect domestic manufacturers from cheaper Chinese imports, a senior source...

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India Steps Up to Cut Steel Imports, Eyes Export Growth and Domestic Strength

The Indian administration has introduced several measures, including a policy, to strengthen its domestic manufacturing capacity and exports and limit steel imports. This...

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India’s Steel Imports Drop 27.6% in April-May as China, Japan Shipments Decline

India’s finished steel imports saw a sharp 27.6% year-on-year fall in April-May FY25, as inbound shipments from key suppliers China and Japan declined...

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India a Net Steel Importer for Second Year in FY25 as Imports Rise, Exports Fall

India A Net Steel Importer For Second Year In FY25 as Imports Rise, Exports Fall India stayed a net importer of steel for...

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India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%

India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...

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India Proposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry

The Indian industry was seeking safeguard measures given the surge in steel imports from countries, particularly from China and Vietnam. The provisional duty recommendation was...

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India’s Steel Imports Drop 40% in February Amid Safeguard Duty Concerns; Exports Plunge 60%

Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...

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Trump’s Steel Tariffs Intensify India’s Case for Safeguard Duties

An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...