India’s country-wise steel imports in 10M FY’26

India’s total steel imports (including stainless steel) fell 13% y-o-y to just above 8 mnt during 10MFY’26, driven by the safeguard duty imposed on finished flats imports and other trade interventions. Given that imports have averaged around 0.8 mnt every month, India’s full-year total is likely to come to around 9.60 mnt at the current pace.