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India: Stainless steel scrap imports decline 6% y-o-y in 6MCY'26 amid elevated delivered costs

Source: BigMint Sep 15, 2026 08:45

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Domestic scrap remains more economically attractive. Currency weakness further raises landed costs of imports

India's stainless steel scrap imports recorded a measured but consistent decline in the first half of calendar year 2026, falling 6% y-o-y to 0.67 million tonnes (mnt) during January-June 2026 (6MCY'26), compared with 0.71 mnt in the same period of 2025. The pullback was not the result of a

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