Business Japan, South Korea tighten grip over Indian steel imports, reveals government data Updated : May 30, 2019 04:43 PM IST The increasing inroads the foreign steelmakers are making will add to pressure on the Indian government to take protectionist measures to support local mills. India has also lost some of its global clients to cheaper steel exports from China, Japan and South Korea. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.