<ul><li>Indian steel sector has limited exposure to the US and the impact of reciprocal tariffs is moderate.</li><li>The additional steel supply will be diverted into Indian markets from FTA based countries such as Korea, Japan, and ASEAN nations.</li><li>Increased steel influx from China poses a greater threat to Indian steel producers.</li><li>Indian steel industry faces challenges due to US tariffs on Indian car parts and lean exports.</li></ul>

Indian steel sector dodges US reciprocal tariffs, but cheap import influx fears loom

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