India’s country-wise steel imports in H1 FY’26

South Korea, with which India has a free-trade agreement (FTA), was the top steel exporter to India during H1FY’26. Volumes grew 7% y-o-y to 1.42 mnt. Next was China, with 0.87 mnt, reflecting a steep 53% drop y-o-y. Japan, another FTA partner, shipped 0.66 mnt, down 38% y-o-y. The implementation of the safeguard duty has helped India reduce inflows from China and Japan.