29
May
13:16
India remains net importer in April
India remained a net importer of finished steel in April, according to Joint Plant Committee (JPC) preliminary data accessed by Kallanish. Finished steel imports rose by 27.1% year-on-year to 0.585 million tonnes, while exports contracted by 41% to 0.505mt.
India was a net finished steel importer in the fiscal year ending March 2024 (FY24). Annual finished steel imports rose by 38.2% on-year to 8.32mt. Exports grew 11.5% to 7.487mt.
April export activity was…
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Anonymous
Very good overview of the weekly steel market.
Anonymous