Lok Sabha Question No. 2687 (UNSTARRED), answered on 2025-08-05
Subject: Reducing dependence on Steel Imports to boost Exports
Ministry: STEEL
Asked by: Shri Dileshwar Kamait

THE MINISTER OF STEEL

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA

## UNSTARRED QUESTION NO. 2687 FOR ANSWER ON 05.08.2025

## REDUCING DEPENDENCE ON STEEL IMPORTS TO BOOST EXPORTS

2687.  SHRI DILESHWAR KAMAIT:

Will the Minister of STEEL be pleased to state:

- (a) the major strategies adopted by the Government to reduce dependence on imports and boost steel exports;
- (b) whether the said strategies have lead to improvement in domestic production and export performance; and
- (c) if so, the major achievements made so far towards strengthening India's position in the global steel sector?

## ANSWER

(SHRI H.D. KUMARASWAMY)

(a)to(c):     Steel is a deregulated sector and the Government acts as a facilitator by creating a  conducive  policy  environment  for  the  development  of  steel  sector  in  the  country. The decisions regarding import and export are taken by the steel companies based on technocommercial considerations and market dynamics.

India is the world's second-largest steel producer. During the financial year 2024-25, India's finished steel production and exports were 146.69 MnT and 4.86 MnT, respectively.

Government has taken following steps to facilitate the reduction of Steel imports and to improve  the  competitiveness  of  domestic  steel  manufacturers  to  reduce  dependency  on imports:-

- i. Implementation of Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for promoting 'Made in India' steel for Government procurement.
- ii. Launch  of  Production  Linked  Incentive  (PLI)  Scheme  for  Specialty  Steel  to promote the manufacturing of 'Specialty Steel' within the country and reduce imports by attracting capital investments.
- iii. Introduction  of  Steel  Quality  Control  Order  thereby  banning  sub-standard/ defective steel products in domestic market as well as imports to ensure the availability of quality steel to the industry, users and public at large.

- iv. In  the  Union  Budget  2024-25,  following  measures  were  taken  to  support  domestic manufacturers and boost domestic steel manufacturing:-
- a. Basic Customs Duty (BCD) has been reduced from 2.5% to Nil on Ferro-Nickel and  Molybdenum  ores  and  concentrates  which  are  raw  materials  for  steel industry.
- b. BCD exemption on Ferrous Scrap has been continued upto 31.03.2026.
- c. The exemption on specified raw material for manufacture of Cold Rolled Grain Oriented  (CRGO)  steel  has  been  continued  up  to 31.3.2026.  Further,  the exemption  has  also  been  extended  to  such  specified  raw  materials  for manufacture of CRGO Steel falling under tariff item 7226 11.00.
- v. Anti  Dumping  Duty  (ADD)  measures  pertaining  to  some  steel  products  like seamless tubes, pipes and hollow profiles of iron, alloy, or non-alloy steel (other than cast iron and stainless steel) (from China PR), electro-galvanized steel (from Korea RP, Japan, Singapore), stainless-steel seamless tubes and pipes (from China PR), welded stainless steel pipes and tubes (from Vietnam and Thailand) are in place currently.
- vi. Countervailing Duty (CVD) is in place for Welded Stainless Steel Pipes and Tubes from China and Vietnam.
- vii. Government  has  imposed  a  provisional  safeguard  duty  at  the  rate  of  12% (twelve percent) ad valorem for 200 days on imports of certain Non-Alloy and Alloy Steel Flat Products.
- viii. Steel Import Monitoring System (SIMS) has been revamped and SIMS 2.0 was launched on 25.07.2024 for more effective monitoring of imports to address the concerns of domestic steel industry.

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