The Rise of Steel Export from India A Game Changer in the Global Market

India's steel industry has shifted from being a major consumer to a significant exporter globally, with exports exceeding $13 billion in fiscal year 2023. Factors driving this growth include extensive production capabilities, low costs, and rising global demand. January 2024 saw India's monthly steel exports hit an 18-month high due to increased demand from the EU and competitive domestic prices. China leads as the largest steel exporter, followed by India. The US tops the list of steel importers. India's steel exports reach diverse destinations, including developed and emerging markets. Platforms like Eximpedia.app offer detailed data on steel trade, facilitating further exploration of this dynamic industry. Despite challenges, India's steel exports present substantial opportunities for economic growth and global impact.

Blog URL - https://www.eximpedia.app/blog/steel-...

#exportimport #steelexport #india

Register for 5-Days Free Trial of Eximpedia - https://www.eximpedia.app/import-expo...

EximPedia is an Export-Import data-driven dashboard of 100+ countries with multiple analysis reports. You can empower your exim business by using our services. Eximpedia helps businesses to improve their international business by providing Import and Export data of global countries. Our online dashboard offers direct access to the data of importers and exporters. We keep the data updated regularly with all the updated information, and recent market details.

Connect with us on our socials:-
LinkedIn -   / eximpediaapp  
Facebook -   / eximpediaofficial  
Instagram -   / eximpedia_official  
Twitter -   / eximpedia_app  
Website link - https://www.eximpedia.app/