Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
The Government of India has decided to speed up Bureau of Indian Standards (BIS) clearances for Taiwanese steel plants following complaints from MSMEs about import delays. The issue arose after the Quality Control Order (QCO), effective June 13, made BIS certification mandatory for all imported steel, including slabs, hot-rolled, and cold-rolled coils.
Several Taiwanese mills—though compliant with global standards—have faced delays in getting BIS approval. This has stalled shipments worth nearly ₹150 crore, already paid for by Indian MSMEs. Many small manufacturers said the disruptions have affected production schedules and increased their costs, as domestic steel remains expensive.
Taiwan is among India’s top six steel import sources, after South Korea, China, Japan, and Vietnam. MSMEs depend on these imports for affordable raw material supply and value addition in downstream industries.
The Ministry of Steel has assured that the clearance process will be fast-tracked to ease bottlenecks and restore supply flows, ensuring that MSMEs can access the inputs they need to remain competitive in domestic and export markets.
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