India to exempt certain steel product imports from quality control requirements

Reuters | December 28, 2023 | 8:46 am Intelligence Asia Iron Ore 
Man working inside a large reinforced steel tube
Man working inside a large reinforced steel tube. (Reference image from the World Bank Photo Collection, Flickr.)

India may exempt certain steel product imports from quality control requirements to meet domestic demand and rein in prices, broadcaster ET Now reported on Thursday citing sources.

The products could include aerospace steel grade and high-speed tool steel among others, the broadcaster said.

India only allows steel grades that are governed by its quality control policy and is ratified by its bureau of Indian standards.

(By Kanjyik Ghosh; Editing by Jane Merriman)

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