India’s total steel exports for finished steel products were up by 36.4pc at 8,723,000mt in the Apr-Dec 2019 period, from 6,393,000mt in the prior year, driven by increased demand from Vietnam, according to the government data.
The exports of semi- finished were up by 28.3pc to 2,204,000mt in the period, from 1,718,000mt in the prior year.
India exported 1,901,000mt of finished steel to Vietnam, up by 335pc from the year prior, when the exports to Vietnam were 437,000mt. The country exported 694,000mt of finished steel to Nepal, followed by UAE at 591,000mt. The exports to Nepal and UAE went up from 614,000mt and 513,000mt, respectively, from the prior year.