Data show that exports of flat products actually declined by over 20% m-o-m to around 0.41 mnt compared with 0.53 mnt in April, with the share of flats in total exports standing at around 57%. The marginal increase in exports was due to the surge in billet sales overseas, with volumes rising from around 76,000 t in April to over 180,000 t in May. Stainless steel exports increased marginally in May to over 78,000 t.
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