Industry Outlook of CMR Green Technologies IPO
The United States’ decision in 2025 to increase import duties on steel and aluminium to 50% is expected to have a limited direct impact on India’s metal exports.
The policy change has, however, altered global trade patterns, potentially increasing the inflow of lower-priced steel and aluminium products into India from countries such as China, South Korea, and Vietnam.
To address import-related concerns, India has proposed a 12% safeguard duty on steel imports. While the measure may provide some support to domestic producers, industry participants have indicated that it is lower than anticipated.
During FY2025, India exported iron, steel, and aluminium products worth about USD 4.56 billion to the United States.
This included approximately USD 587.5 million in iron and steel exports, USD 3.1 billion in articles of iron or steel, and USD 860 million in aluminium and related products.
The revised U.S. tariff structure has raised concerns among Indian exporters, particularly within the engineering sector.
The Engineering Export Promotion Council (EEPC), which represents more than 10,000 MSME exporters, has indicated that the tariff measures could affect export opportunities and trade flows for Indian businesses.
According to EEPC estimates, India may face export-related challenges amounting to approximately USD 7.5–8 billion under the revised tariff environment.
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