Author: Shruti Tripathi
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India: Landed costs of imported HRC from China, Japan higher than domestic prices after safeguard duty
Japanese HRC marginally costlier Chinese HRC prices higher due to BCD India’s imported hot-rolled coil (HRC) offers from China stood at around $525/t CFR India, while those from Japan stood at $510/t CFR India as on 12 August 2025. Furthermore, 12% safeguard is added on imports of specific non-alloy and alloy steel flat products. The…