Indian industry fears dumping of Chinese steel, seeks govt protection

China could soon start flooding excess steel into its market after the United States raised tariffs on Chinese products due to the escalating trade war, fears Indian industry.

India fears China could soon start flooding excess steel into its market after the United States raised tariffs on Chinese products due to the escalating trade war between the world's two largest economies, according to three government sources and four industry officials.

As a result, the Indian steel industry has asked the government to put in so-called safeguard duties of as much as 25 per cent to protect it from growing imports. These would be imposed on steel that the government determines has been dumped in India at prices below the cost of production.

Since last year, China and the United States