India's Jindal Stainless Calls for Urgent Import Tariffs to Protect Domestic Industry
Jindal Stainless Warns of Rising Import Pressure, Seeks Government Intervention
Jindal Stainless Warns of Rising Import Pressure, Seeks Government Intervention
New Delhi, India – Jindal Stainless, one of India’s leading stainless steel producers,
has urged the government to impose stricter import tariffs on foreign stainless steel products, citing unfair competition from China and Vietnam.
Key Concerns Raised by Jindal Stainless
Surge in Low-Cost Imports: Cheap stainless steel from China and Vietnam is flooding the Indian market, undercutting local manufacturers.
Threat to SMEs: Small and medium-sized enterprises (SMEs) struggle to compete with subsidized foreign steel.
Need for Trade Remedies: Anti-dumping duties (ADD) and safeguard measures are essential to level the playing field.Stricter quality checks on imported stainless steel to prevent substandard products.
Global Context: India’s Stainless Steel Trade Wars
Anti-dumping duties on Chinese/Vietnamese pipes (2024) Reduced imports by ~30% .
12% safeguard duty on flat steel (2025) Imports fell 40% YoY in May 2025 Proposed nickel/chromium tariff cuts,Aims to lower raw material costs for Indian mills .
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Tabs: China stainless steel exports, Vietnam steel imports, India； Stainless steel trade war
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India's Jindal Stainless Calls for Urgent Import Tariffs to Protect Domestic Industry
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