Tag: India falls to 11th place among global steel exporters in CY22

Steel exports by India dropped by around 45% y-o-y to 10.19 mnt from over 18 mnt in 2021. Thus, India slipped to the 11th spot among major steel-exporting countries this year from the 7th position last year. This was mainly due to the 15% duty slapped on steel exports in May this year, which resulted…