India’s steel exports rise nearly 30% y-o-y in Jan-Jun’26

India’s steel exports increased 27% year-on-year (y-o-y) to 4.63 million tonnes (mnt) during H1 CY’26, compared with 3.64 mnt a year earlier, as higher shipments to Vietnam, the UK and the UAE more than offset weaker exports to the European Union (EU). Exports to the EU declined to 1.01 mnt from 1.26 mnt, while Vietnam emerged as one of India’s fastest-growing export destinations, with shipments rising to 0.65 mnt from 0.01 mnt in H1 CY’25.