Author: Shruti Tripathi
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India: Bulk HRC imports drop nearly 30% y-o-y in H1FY’26
Safeguard duty helps shield domestic steel industry Exports rise 11%, CBAM concerns drive restocking India’s bulk hot-rolled coil (HRC) imports in April-September 2025, i.e, H1 of FY’26, totalled 2.2 million tonnes (mnt), a decline of 29% y-o-y from 3.12 mnt in the same period in FY’25, according to BigMint data. In H1FY’26, South Korea, China,…