India Billet export shipments fall 3rd month in Nov'21

India, one of the leading exporters of steel billets, saw a fall in shipments for the third consecutive month in Nov'21. The volumes stood at 0.27 million tonnes (mn t) last month, a 22% m-o-m fall as against 0.34 mn t in Oct'21, as per customs data collated by SteelMint.

Nepal, Kenya top importers, exports to China plungeNepal and Kenya emerged as the leading importers of steel billets from India at 0.06 mn t each. Exports to Nepal from India witnessed a significant increase of 20% m-o-m. Indonesia and China, both acquired the second position among the top importers' list