09
Jan
14:19
Indian exports surge in December as imports drop
Indian finished steel consumption grew 5.2% on-year in December to 7.23 million tonnes, while imports fell -23.2% to 760,100t, according to an Indian Joint Plant Committee (JPC) report seen by Kallanish.
Indian merchant finished steel production rose 12.4% on-year in December to 8.4mt, while exports surged 92% to 748,000t. Crude steel output rose 12.5% to 8.21mt.
Indian finished steel use in April-December thus grew 3.3% on-year to 61.52mt, while imports…
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Anonymous
Very good overview of the weekly steel market.
Anonymous