Tag: stainless steel production India

Slab imports dominate amid structural shift in procurement Lower slab prices improve viability for flats producers  India’s stainless semi-finished steel imports increased 16% y-o-y to ~0.71 mnt in April-February FY’26 compared with ~0.44 mnt in the corresponding period last year, driven largely by higher slab inflows. Slabs dominate import mix Slabs accounted for nearly 0.66 mnt, contributing over 98%…