India’s July steel exports at new high, but shipping lags
ABSTRACT
Indian steel exports continued on an upswing m-o-m, touching a record 2.44 mn t in July, 2020, which is 7.5% higher over 2.27 mn t in June, 2020, according to data maintained by SteelMint. Overall, from Apr-Jul, 2020,steel exports touched 7.8 mn t against 2.89 mn t in the same first four months of 2019-20, a whopping 169% rise y-o-y. Export volumes were at 5.36 mn t over April-June, 2020.
However, interestingly, mills are now delaying their shipments. As per sources, some large private sector
............
To read the full article take a free 7-day trial to Mysteel Global
FREE TRIALAlready registered?Log in
- +65 6653 8227 globalsales@mysteel.com
You May Also Like
- Jun 27 2022 Leading steel mills put off 2nd coke re-pricing campaign
- Jun 27 2022 Steel Export Prices - FOB Tianjin Port 20220627
- Jun 27 2022 Japan's H-beam prices set to rise as mills defend prices
- Jun 27 2022 Japan's steelmakers ponder METI plea for power-use cut
- Jun 27 2022 Turkiye: Mills less active in importing scrap on weak steel demand