What Are the Key Issues for Steel Imports Discussed at the Open House?

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What Are the Key Issues for Steel Imports Discussed at the Open House?

Synopsis

Join the Ministry of Steel as they host an Open House on October 27 to tackle pressing issues surrounding steel imports. This initiative is crucial for domestic producers facing challenges from low-cost imports. Don’t miss the chance to participate and voice your concerns!

Key Takeaways

  • Open House on steel imports scheduled for October 27.
  • Participants must secure time slots via email.
  • Logistics restrict walk-ins; only one representative per organization.
  • Concerns arise from competition with low-cost imports.
  • Government implements safeguard duties to protect domestic market.

New Delhi, Oct 22 (NationPress) The Ministry of Steel revealed on Wednesday that an Open House is scheduled to address concerns regarding steel imports on October 27 at the Steel Room in Udyog Bhavan, located in the national capital. Companies and associations will have the opportunity to voice their concerns about steel imports during this session, as stated by the Steel Ministry.

This Open House will run from 12:00 noon to 6:00 pm, with specific time slots communicated via e-mail. Due to logistical constraints, walk-ins will not be accommodated, and only one representative from each organization is permitted to enhance broader participation, as explained in the statement.

The Ministry further indicated that any company or association experiencing issues related to steel imports should submit their requests via the provided e-mail to secure confirmed time slots by 11:00 am on October 24.

When emailing, participants should include the following information: Name of the Company/Association, the issue related to SIMS/NOC/QCO/others, and the name and position of the participant (third-party representation is not allowed).

Additional details required include references to any SIMS/NOC applications, the type of industry and product (such as Auto/Aerospace/Telecom/Defence, etc.), a brief description of the issue (maximum 50 words), and the contact information for the nodal person (mobile number and email), as further elaborated in the statement.

This initiative comes amid ongoing challenges faced by India's steel sector due to lower-priced imports, especially from China, which have pressured domestic manufacturers by decreasing prices and diminishing market share. To protect the domestic market, a 12 percent temporary safeguard duty on select steel imports was imposed in April 2025.

These actions are part of sustained efforts to fortify the industry while nurturing self-sufficiency, in line with programs like 'Make in India'.

The surge of competitively priced steel from leading producers like China, Japan, and South Korea has compelled domestic producers to slash prices, reduce production capacity, and witness a decline in their market share, according to a report by the RBI.

Point of View

We stand with the nation's efforts to safeguard our steel industry against the challenges posed by cheaper imports. The upcoming Open House presents an opportunity for stakeholders to address their concerns, fostering collaboration between the government and industry to promote self-reliance and ensure a competitive marketplace.
NationPress
22/10/2025

Frequently Asked Questions

What is the purpose of the Open House?
The Open House aims to discuss and address issues related to steel imports, allowing companies and associations to voice their concerns directly to the Ministry of Steel.
When and where will the Open House take place?
The Open House is scheduled for October 27 at the Steel Room in Udyog Bhavan, New Delhi, from 12:00 noon to 6:00 pm.
How can companies participate in the Open House?
Companies must send an email to the Ministry to request a confirmed time slot by 11:00 am on October 24, providing necessary details about their issues.
Are walk-ins allowed at the Open House?
No, walk-ins will not be permitted due to logistical challenges. Only one representative per organization is allowed.
Why is the government concerned about steel imports?
The government is worried that cheaper imports, especially from countries like China, are negatively impacting domestic producers by lowering prices and shrinking their market share.
Nation Press