India remains net steel importer despite shipments dropping 15% y-o-y in Jan-Oct'25

Source: BigMint Nov 21, 2025 10:00

Steel imports reach around 8 mnt in 10MCY'25. Exports remain flat y-o-y at around 6.9 mnt. Lifting of QCOs on key products unlikely to boost imports

Morning Brief: Despite steel imports dropping significantly in January-October 2025 (10MCY'25), India remained a net steel importer, as per data. India's imports of steel products were recorded at around 8 million tonnes (mnt) in 10MCY'25, a decrease of 15% y-o-y, according to latest data. After hitting a 9-year peak in

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