{"id":1293977,"date":"2025-04-23T07:50:52","date_gmt":"2025-04-23T02:20:52","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1293977"},"modified":"2025-04-23T07:51:26","modified_gmt":"2025-04-23T02:21:26","slug":"india-imposes-12-temporary-tariff-on-chinese-steel-imports-another-tariff-war","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/india-imposes-12-temporary-tariff-on-chinese-steel-imports-another-tariff-war\/","title":{"rendered":"India Imposes 12% Temporary Tariff On Chinese Steel Imports: Another Tariff War?"},"content":{"rendered":"\n<p>In a significant trade policy move, <strong>India has imposed a temporary 12% safeguard duty<\/strong> on certain steel imports to shield its domestic steelmakers from a flood of low-cost Chinese steel. The duty, effective for <strong>200 days<\/strong> starting April 21, 2025, comes as India faces mounting pressure on local mills due to rising import volumes.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"616\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-23-at-7.50.07\u202fAM-1024x616.png\" alt=\"\" class=\"wp-image-1294001\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-23-at-7.50.07\u202fAM-1024x616.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-23-at-7.50.07\u202fAM-300x180.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-23-at-7.50.07\u202fAM-768x462.png 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-23-at-7.50.07\u202fAM-1536x924.png 1536w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-23-at-7.50.07\u202fAM.png 1590w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Steelmakers Struggling Under Pressure<\/h3>\n\n\n\n<p>India, the world\u2019s <strong>second-largest crude steel producer<\/strong>, has seen several domestic mills <strong>scale down operations or consider job cuts<\/strong>, blaming cheap imports for undercutting their prices. Chinese steel, in particular, has flooded Indian markets in recent years, driving down margins for local producers.<\/p>\n\n\n\n<p>\u201cThis move will provide <strong>critical relief to domestic producers<\/strong>, especially small and medium enterprises,\u201d said Steel Minister <strong>H. D. Kumaraswamy<\/strong>, who called the safeguard duty essential for restoring fair market competition.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Trade War Ripple Effects<\/h3>\n\n\n\n<p>The 12% duty is India\u2019s <strong>first major trade policy step since the Trump-era global tariff wars<\/strong> began in 2018. Although India\u2019s own investigation into Chinese steel dumping began back in December, the global backdrop of rising protectionism adds urgency to the move.<\/p>\n\n\n\n<p>India\u2019s action mirrors global concerns, as several nations have expressed similar worries about the impact of <strong>China\u2019s excess steel production<\/strong> on local industries.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">China in the Crosshairs<\/h3>\n\n\n\n<p>In 2024\u201325, <strong>China was the second-largest steel exporter to India<\/strong>, just behind South Korea. India became a <strong>net importer of finished steel for the second consecutive year<\/strong>, with imports soaring to a <strong>nine-year high of 9.5 million metric tons<\/strong>.<\/p>\n\n\n\n<p>Industry voices, including top players like <strong>JSW Steel, Tata Steel, and SAIL<\/strong>, have been urging New Delhi to intervene.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Will It Be Enough?<\/h3>\n\n\n\n<p>\u201cThis decision was expected,\u201d said a senior steel executive, \u201cbut we now have to wait and watch whether it <strong>actually curbs imports and protects margins<\/strong>.\u201d<\/p>\n\n\n\n<p>As global steel dynamics remain volatile, India\u2019s move signals a <strong>clear intent to support local manufacturing<\/strong>\u2014and possibly, to <strong>redraw its steel trade policies<\/strong> for a more resilient industrial future.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.globaltimes.cn\/page\/202107\/1227874.shtml\">Image Source<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>In a significant trade policy move, India has imposed a temporary 12% safeguard duty on certain steel imports to shield its domestic steelmakers from a flood of low-cost Chinese steel. The duty, effective for 200 days starting April 21, 2025, comes as India faces mounting pressure on local mills due to rising import volumes. Steelmakers [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1294001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[6323],"class_list":["post-1293977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-chinese-steel"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India Imposes 12% Temporary Tariff On Chinese Steel Imports: Another Tariff War? - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/india-imposes-12-temporary-tariff-on-chinese-steel-imports-another-tariff-war\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India Imposes 12% Temporary Tariff On Chinese Steel Imports: Another Tariff War? - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"In a significant trade policy move, India has imposed a temporary 12% safeguard duty on certain steel imports to shield its domestic steelmakers from a flood of low-cost Chinese steel. The duty, effective for 200 days starting April 21, 2025, comes as India faces mounting pressure on local mills due to rising import volumes. Steelmakers [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/india-imposes-12-temporary-tariff-on-chinese-steel-imports-another-tariff-war\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-23T02:20:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-23T02:21:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-23-at-7.50.07\u202fAM-1024x616.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"616\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/india-imposes-12-temporary-tariff-on-chinese-steel-imports-another-tariff-war\/\",\"url\":\"https:\/\/trak.in\/stories\/india-imposes-12-temporary-tariff-on-chinese-steel-imports-another-tariff-war\/\",\"name\":\"India Imposes 12% Temporary Tariff On Chinese Steel Imports: Another Tariff War? 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