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India steel imports from China hit record high
Hindustan Times Mumbai
|December 21, 2024
CHINA SENT 1.96 MILLION METRIC TONNES OF STEEL TO INDIA DURING APRIL-NOVEMBER, UP 22.8% Y-O-Y
NEW DELHI: India's finished steel imports from China reached an all-time high during the first eight months of the fiscal year to March 2025, provisional government data showed, adding to concerns among domestic mills about cheap shipments from China.
Total imports of finished steel were at an eight-year high with India, the world's second-biggest crude steel producer, a net importer during the period. India shipped in 6.5 million metric tonnes of finished steel, a 26.6% increase year-on-year, the data showed.
China sent 1.96 million metric tonnes of steel to India during April-November, up 22.8% year-on-year, the data showed.
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