Finished steel exports fall 37 pc

The country's exports of finished steel fell 37.3 per cent to 5.15 million tonne (MT) in the April-January period of the current financial year, according to official data. The country had exported 8.22 MT of finished steel during the corresponding period a year ago, the Joint Plant Committee (JPC) said in its latest report. The imports of the total finished steel grew 1.5 per cent to 6.55 MT during April-January of 2018-18, compared with 6.45 MT in the year-ago period. During January this year, the exports stood at 0.47 MT, down by 22.8 per cent from 0.61 MT in January, it said.