India's steel imports fall 13% y-o-y in CY'25 on safeguard duty impact

Source: BigMint Jan 27, 2026 08:30

Finished flats imports fall 24%, HRC decreases 36%. Imports from China plunge by 48%, Japan drop 22%. Anti-dumping duties, quality controls help stem inflows

India's steel imports, including stainless steel, declined 13% y-o-y to around 9.59 million tonnes (mnt) during CY'25, reflecting the impact of the government's safeguard duty and tighter trade scrutiny. The contraction comes after a sharp surge in low-priced imports in CY'24 raised concerns over injury to domestic producers. Commodity-wise imports India's

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