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India's Finished Steel Exports Jump 36.6% in April-February

NEW DELHI, March 9 (Reuters) - India's finished steel ​exports climbed 36.6% year-on-year ‌to 6.02 million metric tons in the first 11 ​months of the ​financial year, according to provisional ⁠government data reviewed ​by Reuters on Monday.

India, the ​world's second-biggest crude steel producer, imported 5.6 million metric tons ​of finished steel ​during April-February, down 37.4% year-on-year, the ‌data ⁠showed.

India's crude steel production increased 11.2% year-on-year to 153.61 million metric tons ​over ​the ⁠same period.

Finished steel consumption rose 7.2% to ​147.7 million metric ​tons ⁠during the period, the data showed.

The government will ⁠detail ​country-wise trade later ​in the month.

Reporting by Neha ​Arora; Editing by Sherry Jacob-Phillips

Source: Reuters


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