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17 Jan
15:25

Chinese demand lifts Indian semis exports again

Indian semi-finished product exports, the majority of which were billet, increased 40% on-year in November to 297,231 tonnes, Kallanish learns from Indian commerce ministry provisional data. The average value of HS code 720719 billet was $371/tonne versus $489/t in November 2018. China sourced 90,228t of semis in November versus zero a year earlier, but intake from Nepal dropped -54% to 54,006t. Indonesian intake rose 41% to 45,547t, and Sri Lanka and It…
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