India is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a three-year import tariff imposed in December, the nation remained a net steel importer in May, with finished steel imports e…

A surge in pipeline investment in West Asia is lifting demand for Indian steel pipes—but also pushing manufacturers to import specialized steel inputs, creating an unusual trade loop.
India has become a net importer of finished steel. In April, imports rose significantly while exports also saw an increase. Major suppliers to India included China, South Korea, Japan, Vietnam and Russia. Domestic consumption of finished steel grew, and crude…
India has become a net importer of finished steel. In April, imports rose significantly while exports also saw an increase. Major suppliers to India included China, South Korea, Japan, Vietnam and Russia. Domestic consumption of finished steel grew, and crude…