SteelMint

Tag: HRC imports

  • India’s bulk HRC imports rise 30% y-o-y in CY’24

    India’s bulk HRC imports rise 30% y-o-y in CY’24

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    by

    Ankit Tamrakar
    in

    India’s bulk hot-rolled coil (HRC) imports for the calendar year (CY) 2024 totalled 6.285 million tonnes (mnt), a significant 30% year-on-year (y-o-y) increase from 4.848 mnt in CY’23, according to data from BigMint. The growing reliance on imports, particularly from Free Trade Agreement (FTA) countries like South Korea and Japan benefiting from preferential tariffs, has…