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06 Mar
17:33

Indian steel exports surge again in February

Indian finished steel exports surged 150% on-year in February to 756,000 tonnes, while consumption edged up 3% to 7.33 million tonnes, according to an Indian Joint Plant Committee (JPC) report seen by Kallanish. Indian steel exports are benefiting from the vacuum in Southeast Asia created by the absence of Chinese suppliers, according to sources. Indian merchant finished steel production rose 12.9% on-year to 8.84 million tonnes in February, while import…
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