With the world’s top steel producer China removing export tax rebates for 23 steel products from Aug 1, the second adjustment in three months as it seeks to ensure domestic supply while controlling output to curb emissions, experts are upbeat about demand for India’s steel exports for the current financial year. China’s move has paved the way for India to enter into the new global markets where the former has dominant market share. India’s total steel exports stood at around 19.15 million tonnes (MT) in FY 21 and in the first half of FY 22 itself, steel exports have breached the 10 million tonnes mark.
Speakers:
Mr. Rajeev Vyas, Founder & MD Vinar Overseas Pvt. Ltd
Date: Tuesday, 19th Oct, 3:30 PM (IST), 6:00 PM (Singapore time), 2:00 PM (Dubai time)
Key points of discussion:
- Impact of China’s removal of steel exports tax rebate on Indian Steel Industry
- Europe Quota – Current scenario and outlook for H2 FY’22
- Update on South East Asian markets
- Russian exports offers and its impact on Indian steel exports prices
- New markets and upcoming challenges in H2 FY’22