India Tightens Steel Import Rules

 


India has imposed a three-year safeguard tariff ranging between 11% and 12% on select steel imports to protect domestic manufacturers from a surge of low-priced shipments, primarily from China. 

The move aims to ensure fair competition, stabilize local steel prices, and support Indian producers facing pressure from cheaper overseas supply. By curbing dumping practices, the government hopes to strengthen the domestic steel industry while maintaining long-term trade balance and industrial resilience.

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