US EditionIndia imposes three-year tariff on some steel products to curb cheap imports
India sets a three-year tariff starting at 12% to protect domestic steelmakers from a surge in cheap imports, mainly from China, after DGTR identified serious industry harm.
- On Tuesday, the Government of India published a finance ministry order imposing a three-year import tariff on some steel products to curb a surge of low-priced shipments from China in the official government gazette.
- After an August petition, the Directorate General of Trade Remedies found a `recent, sudden, sharp and significant increase in imports... causing and threatening to cause serious injury to the domestic industry`, with the federal steel ministry warning cheap or sub-standard imports risk harm.
- The safeguard duty excludes specialty steels such as stainless steel and exemptions apply to certain developing countries, while China, Vietnam, and Nepal face the levy, phased over three years.
- Importers and downstream industries face altered trade flows as the duty applies to China, Vietnam and Nepal amid global tensions after U.S. tariff actions and other countries' trade defences.
- In the wider trade context, U.S. President Donald Trump's steel tariffs have fuelled friction that redirected Chinese shipments, and India, the world's second-largest crude steel producer, may face further tensions affecting exporters and domestic steelmakers.
19 Articles
19 Articles
India imposes new duties on imports of steel from China, Vietnam and Nepal.
India imposes up to 12% safeguard duty on select steel flat product imports from April 2025 to 2028
The government has imposed a safeguard duty on certain non-alloy and alloy steel flat products to protect the domestic steel industry from a sharp rise in imports, according to an official gazette notification issued by the government on Tuesday.
In a big relief to steel manufacturers, India imposes tariffs on cheap imports from China
India has imposed a 3-year import tariff of 11–12 per cent on select steel products, a move largely aimed at curbing a surge in shipments from China. The duty will be set at 12 per cent in the first year, ease to 11.5 per cent in the second, and taper to 11 per cent in the third year. India, the world’s 2nd largest crude steel producer, has been grappling with a flood of low priced steel imports from China, raising anti dumping concerns and putt…
India imposes three-year tariff on some steel products to curb cheap imports
India has imposed a three-year import tariff of between 11% and 12% on some steel products, according to a finance ministry order published on Tuesday, as the government aims to curb cheap shipments from China.
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