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.



Lee Allen

May 25, 2022

08:50 GMT