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10 Apr
15:48

India's March finished steel exports surge to 1.6mt

Indian finished steel exports ballooned 363% on-year in March to a massive 1.62 million tonnes, as the country’s mills continued to exploit China’s absence in international markets. Domestic consumption rose only 2.2% to 7.99mt, according to an Indian Joint Plant Committee (JPC) report seen by Kallanish. JSW Steel, Steel Authority of India (Sail), Tata Steel and Jindal Steel all posted record sales tonnages in March and/or the March quarter (see…
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