By Neha Dasgupta
"Our exports have increased substantially, about 40 percent growth during January to December (2017)," Singh told Reuters in an interview on Tuesday.
"What I foresee is that our exports are going to grow. In that case, these kind of disturbances should not take place."
India's stance, Singh said, will be to call for unrestricted trade and watch for responses from other steel-producing countries.
"We can't remain in isolation," Singh said, adding it had similar interests to those of other steel-producing countries.
"We are not exactly in wait and watch mode but the pace and intention of the other steel producing countries should also be watched closely."
According to a Feb. 22 note prepared by the steel ministry, India expects a loss of $130 million due to the U.S. import tariffs, which accounts for just 5 percent of the country's total steel exports.
(Reporting by Neha Dasgupta; Editing by Malini Menon and Jason Neely)
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