Tag: stainless steel trade flows
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India: Stainless semi-finished steel imports rise on Indonesian slab inflows due to increased commercial viability
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%…