SteelMint

Tag: Indian CRC export volumes tumble by 60% y-o-y in Jan-Sep’22

  • Indian CRC export volumes tumble by 60% y-o-y in Jan-Sep’22

    Indian CRC export volumes tumble by 60% y-o-y in Jan-Sep’22

    —

    by

    Kalpesh Padhiar
    in

    Exports volume of Indian origin CRC aggregated to 312,680 tonnes (t) in Jan-Sep’22, significantly down by 60% contrasted against similar period last year. Export duty of 15% levied on non-alloyed flat steel products on 21 May and weakening of demand on the overseas platform later weighed on the export volumes. Current week’s indication for Indian…