India’s hot dipped galvanised iron (HDGI) exports spiralled up by a whopping 145% to 1.95 million tonnes (mnt) in financial year 2021-22 (FY22) against 0.80 mnt seen in FY21, as per SteelMint’s data.
The JSW Steel Group emerged as the highest exporter of HDGI in FY22, as per data, with a combined volume of 1.32 mnt, followed by AM/NS India with 0.47 mnt.
This stupendous rise was driven by procurement from European Union (EU) countries, mainly Belgium, Italy, the UK, Poland and Spain.
Leave a Reply