<ul><li>India's finished steel sector is expected to have a minimal direct impact from US President Trump's tariff hikes.</li><li>Increased competition and price pressures in markets may occur due to other steel-exporting nations redirecting surplus steel to different regions.</li><li>India is a key exporter of finished steel and a net importer of items like CRGO, coated steel, and cold rolled coil.</li><li>While the US tariffs may impact sectors using steel items, India's direct exposure to the US in finished steel exports is minimal, with proactive measures being taken by the Ministry to address the evolving situation.</li></ul>

India’s finished steel sector will see ‘minimal’ direct impact from Trump tariff hikes: Kumaraswamy

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