The Ministry of Steel has moved court to defend its mandate on curbing steel imports, seeking judicial backing for recent restrictions aimed at protecting domestic producers and ensuring the sector’s stability. The ministry’s petition follows challenges from certain trade bodies and importers who have questioned the legality and impact of the curbs on international trade commitments.
The government had earlier introduced measures to limit imports of specific steel products, citing concerns over rising inbound shipments that could undermine domestic manufacturing and pricing. Officials argue that the restrictions are necessary to prevent market distortions, support domestic capacity utilisation, and encourage self-reliance in steel production.
By approaching the court, the ministry aims to reinforce its regulatory authority and ensure that the policy remains enforceable amid industry pushbacks. The move reflects the government’s broader strategy to safeguard domestic industry at a time when India is seeking to expand its steel capacity to 300 million tonnes annually by 2030.
Industry experts say the dispute underscores the tension between trade liberalisation and the need to protect domestic industries in strategic sectors like steel. While importers contend that the curbs could raise costs and limit supply options, domestic producers argue that unchecked imports threaten long-term investments and job creation in the sector.
The case is expected to have significant implications for the steel industry, particularly in shaping future trade and tariff policies. A favorable verdict for the ministry could pave the way for stricter import controls, while an adverse ruling may force the government to reconsider its approach to balancing protectionism with global trade commitments.
