During the first four months of the current fiscal year (March 21-July 22), steel exports saw significant growth as imports and production declined compared with last year’s corresponding period.
Exports of semi-finished products stood at 2.53 million tons during the period, up 52% year-on-year.
Billet and bloom had the lion’s share of semis exports with an aggregate of 1.69 million tons, 26% higher than the previous corresponding period.
Slab amounted to 841,000 tons during the period, up 161% YOY.
Exports of finished steel products jumped by 104% YOY to 1.16 tons.
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