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US tariffs on Chinese steel have redirected global trade flow, raising concerns for Indian producers.
Domestic players are demanding stronger safeguards to protect against dumping.
Government is considering trade remedies to counter potential market disruption.
The Indian steel industry is calling for urgent protective measures as new US tariffs against China disrupt global trade flows. Industry leaders have raised alarms about the potential for China to reroute excess steel into India at dumped prices, undercutting domestic producers by as much as 12%.
With the US imposing tariffs as high as 104% on Chinese steel, Chinese manufacturers are seeking alternative markets. India, with its large consumption base and relatively open trade framework, may become a key target. Domestic players, including major producers and trade associations, have expressed concern that without prompt government intervention, the Indian market may face a flood of low-cost imports.
“China’s excess capacity is now a global risk. If protective mechanisms are not reinforced, we may face serious market distortions,” said an industry executive. The demand for anti-dumping duties, tariff parity, and stricter quality checks is gaining traction.
Meanwhile, the Steel Ministry has acknowledged the evolving situation and is reportedly reviewing existing trade safeguard frameworks to ensure a level playing field.
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