Tag: Indian Bulk HRC imports

  • India’s bulk HRC imports drop 18% y-o-y in Mar’25

    India’s bulk HRC imports drop 18% y-o-y in Mar’25

    India’s bulk hot-rolled coil (HRC) imports in March 2025 were 297,505 tonnes (t), a significant 18% y-o-y decrease from 363,174 t in March 2024, according to BigMint data. Moreover, imports dropped by 26% m-o-m against 401,621 t in February. The drop was mainly attributed to India’s proposed 12% safeguard duty on flat steel imports. In…