India’s steel exports rose provisionally m-o-m in August 2024, after a five-month gap. Volumes were up 32% to 0.46 million tonnes (mnt) against 0.35 mnt in July 2024. But these were down 28% y-o-y compared to 0.64 mnt in August 2023. Also, cumulative volumes over April – August of FY’25 plunged over 38% to 2.32 mnt from 3.76 mnt seen in the same period in FY’24.
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