Tag: weak rupee impact stainless steel imports

India’s production climbs up 14% on compliance hurdles Weak rupee, rising slab arrivals add to import slowdown India’s stainless steel finished flat imports declined sharply by 14% y-o-y in CY’25 to around 1 million tonne (mnt), compared with 1.1 mnt in CY’24. The drop was largely driven by a collapse in shipments from China, rising…