Author: Shruti Tripathi
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India: Domestic HRC remains more cost-competitive than imports from China after safeguard duty
Bulk HRC imports edge up m-o-m in Sep’25 Safeguard duty favouring domestic mills India’s imported hot-rolled coil (HRC) offers from China stood at around $500/tonne (t) CFR India as on 7 October 2025. Furthermore, 12% safeguard is added on imports of specific non-alloy and alloy steel flat products if the prices are below threshold price.…