India’s steel exports over January-September, 2022 show a steep 39% drop to 8.93 million tonnes (mnt) against 14.60 mnt seen in the same nine months in 2021 (9MCY2021), reveals data maintained with SteelMint. Obviously, the 15% export tax imposition from the third week of May, 2022 had a deep impact on overseas sales from Indian mills, apart from the tepid global demand scenario.
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