US tariffs: 'Indian market to become more vulnerable to low-cost steel imports from other countries'

India may face increased low-cost steel imports as countries affected by US tariffs divert shipments. Trump announced a 27% reciprocal tariff on India, citing high duties on US goods. While direct impact on Indian stainless steel exports is limited, ISSDA warns of trade diversions hurting domestic producers and urges the government to implement safeguard measures.