Thursday 6 April 2017

India`s steel exports up by 57%: Ripples Financial Advisory

The Indian Government has said that India's steel industry has come out of the stress, with the exports going up by 57 per cent and imports declining by 34 per cent. Commenting on the issue, Steel Minister Chaudhary Birender Singh told the media, “The country's steel output is at around 120 million tons and the government is aiming to achieve 300 million tons by 2030.” "There was a recession in the global steel sector and it had an impact on India as well.

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