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India imposes provisional tariffs on some steel products to counter Chinese price undercutting.
Domestic steelmakers raised concerns over 10–12% cheaper imports.
Government promises ongoing review and further trade remedy measures if needed.
In response to a surge in low-cost steel imports from China, the Indian government has imposed temporary tariffs on select steel products. This move comes amid rising concerns among domestic steel producers over unfair competition and market disruption.
The provisional duties, effective immediately, aim to neutralize the pricing advantage Chinese exporters enjoy, which in some cases has led to a 10–12% undercutting of local prices. The affected steel categories include hot-rolled coils and coated flat products, often used in construction, automotive, and infrastructure sectors.
The Steel Ministry has been in consultation with industry bodies and has assured that the temporary measure will be reviewed based on further investigation. Indian steel producers, including giants like Tata Steel and JSW Steel, had flagged the growing threat from dumped imports in recent months.
This action is part of India’s broader trade defense strategy, with anti-dumping and safeguard duties under consideration in future trade remedies.
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