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Tag: India’s Sponge Iron Exports (FY’20-FY’26)

  • India’s Sponge Iron Exports (FY’20-FY’26)

    India’s Sponge Iron Exports (FY’20-FY’26)

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    by

    Shubham
    in

    After a robust showing in 2024, sponge iron exports to Nepal and Bangladesh remained muted in 2025. Export volumes in April and May 2025 fell by over 30% y-o-y, impacted by declining prices and sluggish finished steel demand in neighbouring markets. Buyers remained cautious amid sufficient local availability of semi-finished steel, reducing their reliance on…