New Delhi, Feb. 11 -- Indian steelmakers, already impacted by rising imports and shrinking domestic prices of the alloy, are now staring at more turbulence after the US slapped a 25% tariff on all its steel and aluminium imports.

India's steel secretary Sandeep Poundrik has downplayed the impact of these tariffs on the local industry. However, a lobby of domestic steelmakers has raised alarm bells on concern that many major US steel suppliers could divert their production to other markets, including India.

US President Donald Trump said on Monday that the US will levy a 25% tariff on all its imports of steel and aluminium starting 12 March.

India will be a prime target for overseas exporters, given the country's growing appetite for st...