New Delhi, May 23 -- India's finished steel imports declined 11.3 percent year-on-year to 0.5 million metric tons in April 2025, while the country's steel exports also registered a significant decrease during the same period.
The world's second-largest crude steel producer continues to navigate challenges in global steel trade dynamics amid protective measures against cheap imports.
The country has maintained a 12 percent import duty on steel products to shield its domestic industry from dumping practices, particularly from Chinese manufacturers.
This protective measure reflects ongoing concerns about unfair trade practices affecting India's steel sector competitiveness.
China's contribution to India's steel imports totalled 0.1 milli...
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