India’s steel exports are on an upswing and, by the look of it, this trend is going to continue into the second quarter (July-September) as well. Provisional data compiled by SteelMint Research shows that the country’s exports of finished flats, finished longs and semi-finished items like billets were up a whopping 105.4% year-on-year (y-o-y) in the April-June, 2020 quarter at 4.3 million tonnes (MnT) against 2.09 MnT in the same quarter in 2019. On a quarter-on-quarter (q-o-q) basis too, exports are up 56.93% in April-June, 2020 against 2.74 MnT notched up in January-March, 2020.
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