India’s imports of stainless steel (SS) long products rose nearly 20% in the first eight months of 2024 (8MCY’24) to about 20,130 tonnes (t) against the 17,100 t seen in the corresponding period last year (CPLY). Meanwhile, India’s overall imports of finished SS products remained stagnant at around 670,000 t during January-August 2024 from the previous year’s 668,660 t. Longs comprise a miniscule 3% of the total with flats contributing the balance lion’s share.
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