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18 Mar
12:45

Indian semis exports slump despite surge to Nepal

Indian semi-finished product exports, the majority of which were billet, fell -35% on-year in December 2018 to 164,613 tonnes, according to Indian commerce ministry data monitored by Kallanish. Their average value was $468/tonne versus $463/t in December 2017. Top market Nepal increased intake 15% to 100,016t and Thailand sourced 20,735t versus zero in December 2017. However, Sri Lanka and Indonesia decreased intake -80% and -57% respectively to 15,712t and…
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