Indian Steel Ministry: Multiple measures to protect domestic industry from low-price dumping
2025-04-23
The Indian Ministry of Steel has taken the following measures to protect the domestic industry from low-price dumping:
Tariff adjustment
Imposition of temporary tariffs: On April 21, 2025, India announced a temporary tariff of 12% on some imported steel products, which will be valid for 200 days to curb cheap imports from China and other countries and protect domestic steel manufacturers from the adverse effects of a surge in imports.
Imposition of anti-dumping duties: In September 2023, the Indian Ministry of Finance imposed tariffs ranging from 12% to 30% on stainless steel welded steel pipes imported from China and Vietnam for a period of 5 years.
Quality standard control
Improve the standard system: India plans to include more steel products in the framework of the Bureau of Indian Standards (BIS), expand the classification of existing steel standards, and prevent products from escaping import reviews through minor changes.
Strengthening certification of imported products: Steel products exported to India are required to obtain a BIS license and meet the standards set by BIS to ensure the quality of imported steel products and prevent low-quality and low-priced steel products from entering the Indian market.
Industrial policy support
Announcement of relevant policies: The National Steel Policy 2017 was announced, which envisages meeting all demand for steel and high-grade automotive steel, electrical steel, special steel and strategic application alloys domestically. The Domestic Steel Product Policy was also released to promote the purchase of steel made in India.
Establishment of incentive programs: The Special Steel Production Linked Incentive Program was launched, with an allocation of 63.22 billion rupees, to promote the manufacture of domestic special steels and improve the competitiveness of the Indian steel industry by attracting capital investment.
Trade Remedy Investigation: The Directorate General of Trade Remedies (DGTR) under the Indian Ministry of Commerce will conduct anti-dumping, countervailing, safeguard measures and other investigations based on petitions from the steel industry or on its own. The government will decide whether to take trade remedy measures based on the findings and recommendations of the DGTR, combined with domestic steel production, prices and supply.
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