ReferIndia News GST reforms will mitigate US tariff impact on Indian economy, says secondary steel industry body

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GST reforms will mitigate US tariff impact on Indian economy, says secondary steel industry body

Published on: Sept. 5, 2025, 6:50 p.m. | Source: The Economic Times

Yogesh Mandhani, president of AIIFA, stated that GST reforms have lessened the impact of US tariffs on India's economy and advocated for mining policy changes to lower steel production costs by increasing iron ore availability. He also urged for uniform power tariffs across the nation to enhance the competitiveness and capacity utilization of secondary steel producers, currently operating at 68-70%.

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