India’s finished steel exports fall sharply by 40% m-o-m in July: JPC

India’s finished steel exports registered a sharp fall of 40% m-o-m to 0.38 mnt in Jul’22, against 0.63 mnt in Jun’22, as per Joint Plant Committee (JPC). The volumes plunged 75% y-o-y compared with 1.51 mnt in Jul’21. Subdued demand for boron-added steel from major importing nations and fall in global steel prices have impacted the export volumes in the month.