India is taking decisive action to address the surge in steel imports, highlighted by Steel Minister H.D. Kumaraswamy. Despite being the world's second-largest crude steel producer, India remains a net importer, primarily from China, leading to significant challenges for local manufacturers. The influx of imports has driven local steel prices to their lowest in over three years. In response, the government plans to advocate for increased tariffs and has launched an anti-dumping investigation on Vietnamese steel products to protect domestic giants like JSW Steel and ArcelorMittal Nippon Steel, ensuring the industry's long-term sustainability.


Current Issue

Current Issue

12-2025

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