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30 Aug
15:20

India’s June HRC exports plunge following duty imposition

Following the 15% export duty imposition in May, Indian hot-rolled flat products exports plunged 56.47% on-year to 305,099 tonnes in June, against 700,971t a year earlier. In April-June, Indian hot-rolled flats exports plummeted 34% on-year to 1.19 million tonnes, against 1.8mt a year earlier, Kallanish notes from Indian commerce ministry provisional data. United Arab Emirates was the largest importer of hot-rolled flats in June, with intake dropping 9% on-year t…
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