According to foreign media reports on April 28, strong steel demand in European countries drove India's exports of finished steel in the first quarter to increase by 26% year-on-year to 2.47 million tons.
The Indian Iron and Steel Ministry pointed out that in March, India's finished steel exports to Belgium, Italy, and Spain maintained an upward trend, while exports to Nepal, the UAE and Vietnam showed a downward trend.
In March, India's finished steel exports to Italy accounted for 22% of its total exports, and its exports to Belgium accounted for 16% of its total exports.
It is reported that most of the finished steel exported by India in March was hot-rolled coils, totaling 676,200 tons, more than twice the amount in the same period in 2020.
2021.07.26
The Ukrainian Iron and Steel Manufacturers Association has submitted a temporary ban on the export of scrap steel to the Prime Minister of the country, requesting it to consider banning the export of scrap steel from Ukraine before December 31, 2023 to ensure the stable development of the metallurgical industry and the country’s economy. The…
2021.07.23
According to statistics from the General Administration of Customs of Vietnam, the country exported 5.88 million tons of steel in the first half of the year, a year-on-year increase of 50.5%. Steel exports in June rose 4.3% year-on-year to 1.02 million tons. In the context of the recovery of domestic production and the growth of…
2021.06.15
The World Steel Association’s recently released “World Steel Statistics for 2021” shows that the global crude steel output in 2020 is 1.878 billion tons, an increase of 0.5% year-on-year, and the compound annual growth rate of crude steel output from 2015 to 2020 is 3.0%. From the perspective of steelmaking technology, in 2020, the global…
2021.06.15
China’s steel imports and exports in 2020: From January to December, the total export of steel products is 53.677 million tons, and the total import of steel products is 20.233 million tons. my country’s steel exports are far greater than steel imports. Among them, 16.085 million tons of plates were imported, an increase of 5.76…
