India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
The US Department of Commerce has issued its final anti-dumping (AD) margins on imports of welded stainless pressure pipe (WSPP) from India, concluding a long-running investigation into pricing practices. The decision sets definitive duties on Indian exporters, aimed at countering alleged dumping of WSPP into the American market at below fair value.
The final margins will determine the duty rates applicable to Indian producers and exporters, potentially raising costs for shipments to the US. While exact rates vary by company, the ruling is expected to impact major Indian manufacturers supplying WSPP to American buyers in industries such as energy, petrochemicals, and infrastructure.
Industry observers note that the decision comes at a time of heightened trade scrutiny, with the US tightening oversight on steel and pipe imports to protect domestic producers. For India, the margins may affect export competitiveness, though producers are likely to explore alternative markets to offset potential losses.
The ruling underscores ongoing trade frictions in the global steel sector, where measures such as anti-dumping duties continue to shape cross-border flows of specialized products.
Also Read : U.S. Inflation Accelerates to 2.7% as Steel Tariffs Drive Cost Increases US awards $2B to GlobalFoundries for domestic semiconductor production
India’s Cement and Steel Giants Push for Greener Manufacturing Future As India advances towar...
Press Releases 13-Jun-2025
About ₹12,900 crore has already been invested in the domestic steel sector under the PLI scheme for...
Announcement 14-Feb-2024
Prime Minister Narendra Modi is set to unveil 14,000 projects in Uttar Pradesh, including large-scal...
Announcement 19-Feb-2024
Hyundai Motor India Ltd (HMIL) has announced plans to invest $5 billion (approx. ₹42,000 crore) by 2...
Automobiles 16-Oct-2025
Amplus Solar, a clean energy solutions provider, on Friday said it has commissioned its 360 MWp inte...
Renewables 01-Mar-2024
The government stated that 10 companies, including Nalco, Gujarat Mineral Development Corporation, a...
Large Corporate 06-Feb-2024