Tag: India Steel Exports
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Indian steel exports drop in July, trend may continue into Aug
Export volumes drop m-o-m, y-o-y in July Subdued demand, inflation, sliding currency suppress demand globally Trend may persist in short-to-medium term Indian steel export in July 2022 dropped a sharp 33% to 0.62 million tonnes (mnt) against 0.93 mnt seen in June, 2022. Y-o-y, volumes plunged 76% compared to July 2021. Exports have…