India’s finished steel exports jumped by 30% m-o-m to 1.237 mn t in May ’21 against 0.951 mn t in the previous month, according to provisional data released by the Ministry of Steel’s Joint Plant Committee today.
Higher realisations in the overseas markets and sluggish demand in the domestic market due to the prevailing lockdown in many states have resulted in a surge in exports, SteelMint notes.
Leave a Reply