Indian finished steel exports slump 54 percent in H1 FY 2022-23

Friday, 07 October 2022 14:20:29 (GMT+3)   |   Kolkata

India’s finished steel exports during the first six months (April-September) of the current fiscal year 2022-23 have been recorded at 3.60 million mt, down 54 percent year on year, according to data released by the Joint Plant Committee (JPC) under the ministry of steel on Friday, October 7, and the sole official compiler of industry data.

The JPC data showed that crude steel output by domestic steel mills during the first half of the current fiscal year came to 61.453 million mt, up seven percent year on year.

Domestic consumption of steel during the half year was recorded at 55.205 million mt, up 11 percent year on year, the data showed.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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