20
Jun
09:59
Indian finished steel exports to fall 25%: ICRA
India's recent 15% duty imposition on steel exports makes shipments abroad less attractive and will bring down Indian steel exports by 25% on-year in the current fiscal year ending 31 March 2023 (FY23), says rating agency ICRA.
The rating agency, however, expects a 40% rise in semi-finished steel exports in FY23, Kallanish notes.
“India’s finished steel exports are expected to decrease by 25% on-year in FY23, with the decline likely to be mor…
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Anonymous
Very good overview of the weekly steel market.
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