India’s finished flat carbon steel imports stood at 3.19 mnt in H1FY’26, down by a steep 31% y-o-y. Hot-rolled coil (HRC) arrivals declined by 40% to 1.39 mnt, hit by the safeguard duty. Galvanised steel and electrical steel were down 25% and 23%, respectively. Semi-finished imports increased by over 400% to 0.77 mnt. This was the only category to witness a strong increase.
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