HomeNewsBusinessIndia was net importer of finished steel in September, govt data shows

India was net importer of finished steel in September, govt data shows

India, the world's second-biggest producer of crude steel, has recommended a three-year import tariff of 11% to 12% on some steel products aimed at curbing shipments, mainly from top producer China.

October 08, 2025 / 12:55 IST
Story continues below Advertisement
India exported 0.58 million metric tons of finished steel in September, up 47.6% on the year, according to the data.
India exported 0.58 million metric tons of finished steel in September, up 47.6% on the year, according to the data.

India was a net importer of finished steel in September, with shipments of 0.65 million metric tons, according to provisional government figures seen by Reuters on Wednesday.

Finished steel imports were down 36.3% on the year, the data showed.

Story continues below Advertisement

India, the world's second-biggest producer of crude steel, has recommended a three-year import tariff of 11% to 12% on some steel products aimed at curbing shipments, mainly from top producer China.

India exported 0.58 million metric tons of finished steel in September, up 47.6% on the year, according to the data.