![Imports of steel increased by 45% to 7 mt in FY23.](https://market-tracker.in/wp-content/uploads/2022/05/49301_20210506-jsw-steel__w1200__-1.jpg)
Imports of steel increased by 45% to 7 mt in FY23.
Despite being a net exporter of steel, India saw a rise in imports of this important commodity for infrastructure in FY23 of over 45%. In the past three years, this rise ranks among the largest. The greatest imports during the past few years, since India became a net exporter of steel, were in FY20 at…