Japan and South Korea Raise Concerns Over India's Steel Import Regulations Amid Investment Plans
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Japan and South Korea Raise Concerns Over India's Steel Import Regulations Amid Investment Plans

Japan and South Korea have expressed concerns over India's regulatory measures affecting their steel exports, including quality control orders and anti-dumping duties, which they say cause delays and additional certification requirements. Indian officials maintain that only shipments lacking adequate documentation are held, denying any country-specific bias. Despite these issues, both countries reaffirmed their commitment to expand investments in India's steel sector, with Japanese firms planning significant projects in Gujarat, Uttar Pradesh, Odisha, and Karnataka. India's domestic steel capacity is also set to increase with higher capital expenditure by public sector units.

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