India's steel ministry is advocating for a temporary tariff or "safeguard duty" to address the surge in steel exports from China, which has raised concerns among various countries.
The proposed tariff would protect domestic manufacturers from the influx of inexpensive Chinese steel, prompting nations like Turkey and Indonesia to impose anti-dumping duties.
This measure would apply broadly, even to countries with which India has established free trade agreements.
India is committed to safeguarding its steel industry amid increasing global competition and the challenges posed by China's export practices.