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17 May
09:56

Indian steelmakers fret over imports following US tariffs

Indian steel industry representatives have expressed concern about the potential impact on imports into India of the US announcement of tariffs on China-origin steel, notes Kallanish. Last week, the US announced it will increase the tariff rate on certain China-origin steel and aluminium products under Section 301 from 0-7.5% to 25% in 2024 (see Kallanish passim). Indian Steel Association (ISA) secretary-general Alok Sahay says: "Imports from China and Japa…
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