India's finished steel imports from China hit 7-year high in April-August, data shows

India's finished steel imports from China hit a seven-year high during the first five months of the 2024/25 financial year, provisional government data reviewed by Reuters showed. India's overall finished steel imports also reached a six-year high at 3.7 million metric tons in the April-August period of this year, and the country was a net importer. The world's second-biggest crude steel producer has been consuming the alloy at a faster pace with robust demand from the infrastructure and automotive sectors.