India's Finished Steel Export

India exported 0.58 million metric tonnes of finished steel in September, up 47.6 per cent on the year, according to the data

Over 10,000 steel user units are facing a crisis due to prolonged port delays and burdensome regulatory requirements, and the government should look at streamlining import processes and digitise systems to help the sector, think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) also said that policies aimed at protecting domestic steelmakers, including import restrictions and quality control measures, have unintentionally penalised industries dependent on imported steel. Over 10,000 units are struggling with operational and financial challenges, threatening their production and export capabilities, it added. It also said that Free Trade Agreements (FTAs) need careful scrutiny as some FTAs allow Indian firms to partner with foreign producers and re-import steel at concessional rates, raising concerns about competition. "Port delays and red tape are choking India's steel user industries. Over 10,000 steel user units face financial strain due to delays at ports and

China, the world's top steel producer, exported mostly cold- rolled coil or sheets to India

India's finished steel exports more than halved during the first eight months of the current fiscal year that began in April, according to the latest government data reviewed by Reuters

Withdrawal of export duty may not increase volumes will boost sentiment, he says

According to official data, India's finished steel exports were at 10.78 million tonne in 2020-21

The JPC, under Ministry of Steel, is the only institution in the country that collects and maintains data on domestic steel and iron industry