India's steel exports rise nearly 30% y-o-y in Jan-Jun'26 as alternative markets offset lower shipments to EU

Source: BigMint Jul 31, 2026 08:43

Steel exports rise 27% in H1 CY'26 as mills redirect shipments beyond Europe. Semi-finished exports to the EU to rise as quotas hurt finished steel trade. Indian producers expand focus on Southeast Asia, UAE, Africa

India's steel exports increased 27% year-on-year (y-o-y) to 4.63 million tonnes (mnt) during H1 CY'26, compared with 3.64 mnt a year earlier, as higher shipments to Vietnam, the UK and the UAE more than offset weaker exports to the European Union (EU). Exports to the EU declined to 1.01

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