Author: Shruti Tripathi
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India: Landed costs of imported HRC from China, S. Korea higher than domestic prices after 12% duty
Chinese HRC offers marginally higher than domestic prices Bulk HRC imports rise 15% m-o-m in Jun’25 but drop 19% y-o-y India’s imported hot-rolled coil (HRC) offers from China stood at around $500/t CFR India as on 1 July 2025, while those from south Korea stood at $520/t CFR India as on 17 June. Furthermore, 12%…