Tag: NPI imports surge in FY’25 post BCD removal

Removal of BCD on ferro nickel boosts imports India’s stainless steel scrap imports drop 9% y-o-y India’s ferro nickel and nickel pig iron (NPI) imports to see a significant increase of 100% y-o-y in FY’25, as per provisional data maintained with BigMint. Imports rose to 0.21 mnt in FY’25 from 0.1 mnt in FY’24. Meanwhile,…