24
Sep
14:16
China production restrictions seen aiding India export boom
Indian steel mills anticipate exports to rise in the fiscal year ending 31 March 2022 (FY22), mainly on the back of China’s restrictions on production and exports.
India’s finished steel exports clocked at 10.78 million tonnes in FY21, against 8.3mt in FY20. The nation imported 4.75mt of finished steel in FY21, Kallanish notes.
“While subdued domestic demand during Q1FY22 was a factor behind the spurt in exports, China’s production curbs &…
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Anonymous
Very good overview of the weekly steel market.
Anonymous