India’s steel exports rise 11% in October; imports moderate for the first time this fiscal
NEW DELHI : Indian steel exports witnessed its first uptick this fiscal with there being an 11 per cent sequential rise in October (compared to the previous month) to 0.44 million tonnes (mt). Outbound shipments in
India reduces steel trade deficit on the back of better exports, stable imports
NEW DELHI : India’s steel trade deficit has come down to ₹10,411 crore ($1,258 million) for the April–February period, down 10 per cent sequentially, on the back of improving exports, and stable imports during February, a
‘India’s steel exports at 18-month high in January’
NEW DELHI : India’s monthly steel exports hit a 18-month high to 1.1 million tonne in January 2024 on increased demand from the European Union and supportive global prices. Besides, competitive domestic prices of steel contributed
India’s Steel Trade deficit hits ₹1,600 Cr in April-October as export pressure persists
NEW DELHI : The continued fall in export demand saw India report a trade deficit in steel shipments (value of imports exceeding exports) for the second consecutive year. Trade deficit stood at ₹1,594 crore