Tag: India HRC import volumes (Jan’22 to Dec’23)
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India HRC import volumes (Jan’22 to Dec’23)
India’s HRC and plates imports surged 88% y-o-y in 2023 to over 3 mnt from 1.63 mnt in 2022. In comparison, CRC imports rose a modest 9% to 0.36 mnt (0.33 mnt in 2022) in this period. Additional supplies of HRCs tipped the balance, putting pressure on prices. NMDC’s Nagarnar Integrated Steel Plant rolled out…