Author: Shruti Tripathi
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India: Domestic HRC remains cheaper as safeguard duty raises landed cost of imports
Imports costlier than domestic supply Policy measures support domestic market India’s imported hot-rolled coil (HRC) offers from China stood at around $510/t CFR India, while those from Japan stood at $505/t CFR India as on 9 September 2025. Furthermore, 12% safeguard is added on imports of specific non-alloy and alloy steel flat products. The additional…