Higher India semis exports expected, prices in key steel markets under threat?

Cheaper Indian semi-finished steel could make a splash in seaborne export markets over the next month if the material remains untouched by the recent round of government duty decisions, according to market participants.

Sources told Fastmarkets that a deluge of Indian semis exports would have the potential to further reduce steel prices in the key markets of China, Europe and Southeast Asia.

While...

Published

Lee Allen

May 25, 2022

08:50 GMT

London