Tag: India’s steel exports fall 36% in Q1FY’25; short term looks challenging
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India’s steel exports fall 36% in Q1FY’25; short term looks challenging
Higher Chinese export allocations hit Indian mills Lower production from India drags down volumes Quotas exhausted for some items, Jun bookings scant Morning Brief: India’s steel exports fell a sharp 36% to less than 1.5 million tonnes (mnt) in the first quarter (April-June) of financial year 2024-25 (Q1FY’25), reveals data maintained with BigMint. Volumes in…