ArcelorMittal-Nippon Warns Import Curbs Could Disrupt India’s Steel Expansion

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ArcelorMittal-Nippon Warns Import Curbs Could Disrupt India’s Steel Expansion

Business 06 Mar 2025 10:29 AM IST Economic Times

Import Curbs Impact Production & Expansion – ArcelorMittal Nippon Steel India (AM/NS) warns that India's steel import restrictions could disrupt production and delay expansion plans due to supply chain constraints.
Supply Chain & Raw Material Concerns – The company emphasizes that restrictions on certain raw materials and specialized steel, not available domestically, could affect efficiency and project timelines.
Call for Balanced Trade Policy – AM/NS India urges policymakers to create a trade policy that protects domestic producers while ensuring access to essential imports for high-end steel production.

ArcelorMittal Nippon Steel India (AM/NS India) has raised concerns that India’s recent restrictions on steel imports could disrupt production and delay its expansion plans. The company, a joint venture between global steel giant ArcelorMittal and Japan’s Nippon Steel, highlighted that curbs on imports may create supply chain constraints, affecting raw material availability and project timelines.

India has been tightening its trade policies to protect domestic steelmakers from a surge in low-cost imports, particularly from China, South Korea, and Japan. While this move aims to support local producers, AM/NS India believes it could also have unintended consequences, such as slowing down ongoing and planned capacity expansions.

The company has been investing heavily in expanding its steel production capacity in India to meet the country’s growing infrastructure and manufacturing needs. However, restrictions on key raw materials, semi-finished steel, and specialized grades not produced locally could impact operational efficiency and hinder the timely execution of expansion projects.

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