Tag: India’s steel exports drop 34% in Q1; Q2 looks bleaker

  • India’s steel exports drop 34% in Q1; Q2 looks bleaker

    India’s steel exports drop 34% in Q1; Q2 looks bleaker

    Export tax impact blunts overseas sales’ edge Boron-added exports see sudden spurt Export tax retention may see Q2 volumes go below 2 mnt Morning Brief: India’s finished steel exports, including semis, dropped 34% to 3.78 million tonnes (mnt) in the first quarter (April-June, 2022) of the current financial year (FY2022-23) compared to 5.77 mnt seen…