[SMM Stainless Steel Flash] India’s BIS Waiver Extension Reopens Door for Chinese Stainless Steel

Published: May 7, 2026 09:36

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India’s Ministry of Steel has extended the mandatory BIS certification exemption for stainless steel flat products, including semi-finished and final products, until October 26, 2026. This extension, covering IS 14650 standards, aims to bridge a domestic supply deficit caused by energy shortages and geopolitical tensions. Market observers noted that the relaxed origin tracking effectively facilitates direct Chinese imports, bypassing previous indirect routes. Leveraging strong price advantages, Chinese suppliers are rapidly reclaiming market share in grades like 304 and 316, placing significant competitive pressure on other exporters, particularly Chinese Taiwan mills.

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