Tag: India: Finished steel exports rise 25% y-o-y in FY’22

  • India: Finished steel exports rise 25%, y-o-y, in FY’22

    India: Finished steel exports rise 25%, y-o-y, in FY’22

    India’s finished steel exports reached 13.494 million tonnes (mnt) in FY’22, up sharply by 25% as against 10.784 mnt in the previous fiscal, as per provisional data by the Joint Plant Committee (JPC) under the Ministry of Steel. Why exports increased? China factor: The Chinese government removed the 13% export rebate on 146 items in…