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India's steel exports rose 11.7% y/y in April to 725,540 tons.
EU shipments increased 33% m/m, reaching a 13-month high.
Exports to the U.S. and Saudi Arabia declined due to tariffs and competition.
India's steel exports, including stainless steel, increased by 11.7% year-on-year in April 2025, reaching 725,540 metric tons, according to data from BigMint . However, compared to March, exports saw a 2.7% decline.
The surge was primarily driven by a 33% month-on-month increase in shipments to the European Union, totaling over 358,000 metric tons, the highest in 13 months. This uptick coincided with the EU's quarterly import quota reset, prompting Indian mills to redirect supplies from the Middle East, where demand remained subdued .
Commodity-wise, flat steel products led the exports at 556,500 metric tons (+1% m/m), while semi-finished steel rose 30% to 78,640 tons. Long products, however, declined 32% to 90,400 tons. Hot-rolled coil exports (excluding stainless steel) fell 12% from March to 130,600 tons .
Exports to the U.S. and Saudi Arabia declined sharply, attributed to ongoing U.S. steel tariffs and competitive Chinese pricing in the Middle East. India's recent imposition of a 12% safeguard duty on certain steel imports aims to curb low-cost inflows, particularly from China, and support domestic producers .
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