Home India Ministry of Steel IMPACT OF BIS NOTIFICATION ON DOMESTIC STEEL INDUSTRY AND TR...
Date: 2025-08-01 Category: Not Applicable State: Union Government Country: India

IMPACT OF BIS NOTIFICATION ON DOMESTIC STEEL INDUSTRY AND TRANSITIONAL RELIEF MEASURES

Issued by Ministry of Steel · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** On August 1, 2025, the Ministry of Steel released a notification addressing the impact of Bureau of Indian Standards (BIS) notifications on the domestic steel industry and outlining transitional relief measures. The clarification, initially dated June 13, 2025, aimed to establish parity between domestic steel industries and foreign manufacturers. A subsequent notification on July 11, 2025, provided the following exemptions to the June 13, 2025 notification: 1. Mandatory adherence to BIS standards for input steel was waived for imported steel products with a bill of lading indicating shipment on or before July 15, 2025. 2. Integrated Steel Plants (ISPs) are exempt from mandatory adherence for final products, subject to BIS verification of licenses. These measures complement the government's broader strategy to achieve a crude steel production target of 300 million tonnes by 2030-31, as envisioned in the National Steel Policy, 2017. Key initiatives supporting this goal include: * Implementation of the Domestically Manufactured Iron & Steel Products (DMISP) Policy to promote 'Made in India' steel in government procurement. * The Production Linked Incentive (PLI) Scheme for Specialty Steel, designed to boost domestic manufacturing of 'Specialty Steel', attract capital investments, and reduce imports. * Increased focus on infrastructure expansion in the Union Budget. * Adjustments to Basic Customs Duty on raw materials like FerroNickel and ferrous scrap to lower input costs. Shri Bhupathiraju Srinivasa Varma, Minister of State for Steel and Heavy Industries, provided this information in a written reply in the Rajya Sabha.

Key Entities Referenced

Ministry of Steel: The Indian government ministry responsible for policies related to the steel industry. BIS: Bureau of Indian Standards, the national standards body of India. National Steel Policy, 2017: A policy document outlining the Indian government's strategy for the steel sector. Domestically Manufactured Iron Steel Products DMISP Policy: A policy promoting the use of domestically produced steel in government procurement. Made in India: A government initiative to encourage domestic manufacturing. Production Linked Incentive PLI Scheme for Specialty Steel: A scheme to incentivize the production of specialty steel in India. Shri Bhupathiraju Srinivasa Varma: Minister of State for Steel and Heavy Industries. Rajya Sabha: The upper house of the Parliament of India.
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Ministry of Steel IMPACT OF BIS NOTIFICATION ON DOMESTIC STEEL INDUSTRY AND TRANSITIONAL RELIEF MEASURES Posted On: 01 AUG 2025 4:56PM by PIB Delhi th The clarification dated 13 June, 2025 issued by Ministry of Steel intended to bring parity between domestic th steel industries and foreign manufacturers. Further, vide Ministry’s notification dated 11 July, 2025 the th following exemptions have been granted in respect of Notification dated 13 June, 2025:- i. The mandatory adherence requirement of input steel for imports of steel products with Bill of th lading having shipped on board date on or before15 July, 2025 was exempted. ii. The mandatory adherence requirement of input steel for the final products supplied by Integrated Steel Plants (ISPs) will be exempted after verification of such licences by BIS. The Government has taken several measures to 300 million tonnes target of crude steel production by 2030- 31 envisaged in National Steel Policy, 2017, such as:- i. Implementation of Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for promoting 'Made in India' steel for Government procurement. ii. Launch of the Production Linked Incentive (PLI) Scheme for Specialty Steel to promote the manufacturing of 'Specialty Steel' within the country and reduce imports by attracting capital investments. iii. Thrust in the Union Budget to infrastructure expansion. iv. Calibration in Basic Customs Duty on raw materials such as Ferro-Nickel and ferrous scrap imports to reduce input costs. This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha. ***** TPJ/NJ (Release ID: 2151391)

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