India’s stainless steel exports (Apr’22-Mar’24)

India’s exports of finished stainless steel products increased by an impressive 20% y-o-y in the financial year 2023-2024 (FY’24) to reach 739,500 tonnes (t) as against 615,500 t in FY’23, as per data collated by BigMint. While shipments of finished flat products surged by 40% y-o-y to 321,342 t, exports of long products, in contrast, increased by a moderate 8% on the year to 418,166 t.