Author: Shruti Tripathi
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India: Rising import costs under safeguard measures strengthen domestic HRC market
Japanese import costs remain higher by modest amount India’s bulk HRC imports decline by 42% y-o-y in Oct’25 India’s hot-rolled coil (HRC) prices continue to be lower than the landed costs of imports from China, as well as Japan, following the imposition of the 12% safeguard duty. The safeguard duty has lifted import costs, helping…