Tag: scrap supply issues

India’s stainless steel imports gain 8% in H1CY’24; long product imports up by 20%

Aug 29, 2024

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by

Neha TU

in Chrome Ore, CRC, Crude Steel, Ferro Chrome, Ferro Molybdenum, HRC, Nickel, Stainless Steel

Finished longs category witnesses a significant 20% increase Imports from FTA countries account for 90% share Domestic mills under pressure to meet sales targets In the first half of the calendar year 2024 (H1CY’24), India’s stainless steel (SS) finished product imports soared to 502,810 tonnes (t), marking an 8% increase from the 467,635 t imported…