![Steel exports continue to decline, down 42% in May](https://market-tracker.in/wp-content/uploads/2022/07/Steel-1-1.jpg)
Steel exports continue to decline, down 42% in May
A weakened Asian order book and competitively priced Chinese offerings saw Indian steel exports take a hit in May, down by 42% over the same period last year. Finished steel exports in May were around 6,82,000 tonnes, flattish on a month-on-month basis. In April and May, exports declined 35% (y-o-y) to 13,58,000 tonnes. Steel exports…