According to the provisional data available with BigMint, India’s steel exports in May 2024 were recorded at 0.5 million tonnes (mnt), a decline of about 30% month on month from roughly 0.66 mnt in April. The amount of shipment exported fell to its lowest point in half a year. May exports to the EU fall 40% month over month. The other the country TRQ cap imposed by the EU will affect exporters from India. Expectations muted despite a big increase in Chinese exports.
