India Steel Market Watch
December 23: Export offers of flat products remained unchanged as international prices were under pressure, industry sources said.
Current offers were quoted at $315 per ton FOB India. Low exports are also impacting domestic prices, sources added.
According to steel ministry data, flat product exports, mainly to the US, UAE, Italy, Iran and Saudi Arabia, fell 32% year-on-year in April-November, 2015-16 to 1.92 million tons.