India’s finished steel exports have surged by 36.6% during the April–February period, driven by strong overseas demand and competitive pricing, according to trade data. Key markets in the Middle East, Southeast Asia, and Europe contributed to the growth, with flat products and long products leading the export volumes.
Industry analysts noted that rising global infrastructure projects and industrial activity have fueled demand for Indian steel, while government incentives and streamlined export procedures have supported exporters.
Despite the impressive growth, exporters caution that ongoing geopolitical tensions and fluctuations in global raw material prices could influence future shipments. The sector remains optimistic, however, that sustained international demand will continue to drive export momentum through the remainder of the fiscal year.