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India relaxes stainless steel import curbs until December 31-不銹鋼展-Stainless Steel Exhibition -The 26th China(Guangzhou)International Stainless Steel Industry Exhibition 11/4/2025 不銹鋼展-Stainless Steel exhibition |
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The Indian government has temporarily relaxed import restrictions on certain non-BlS-compliant stainless steelproducts until December 31, 2025, according to an official statement released on Monday, November 3.The decision comes amid short supply of stainless steel in the domestic market, prompting the indianauthorities to ease the ban to ensure availability for downstream industries.
Import policy eased amid domestic supply shortage
Previously, the government had brought several stainless steel grades under a mandatory Quality Control Order(QCO), which prohibited the manufacture, storage, trade or sale of products lacking certification from theBureau of lndian Standards (BlS). Under the rule, imported stainless steel could only enter india after BlS hadinspected and approved the overseas manufacturing facilities from which consianments originated. importerswere also required to submit a BlS quality certificate.
With the latest relaxation, imports of certain non-compliant stainless steel grades wil now be allowed until theend of 2025, offering short-term relief to industries facing material shortages.
However, industry participants have raised concerns about long-term impacts.*The government should have a consistent policy. lf exemptions keep being granted, substandard steel willcontinue entering the Indian market, and we won''t be able to recover our investments," said an oficial from oneof India''s largest stainless steel producers.
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