Hot rolled steel exports from India fell in September

In September 2020, India's bulk hot rolled steel exports fell more than 30% from the previous month. The main reason was the increased share of the domestic market and the limited supply caused by the epidemic.

In addition, with a rebound in domestic demand, India's auto industry sales in September set a monthly record for 2020.

Major Indian steel companies will sell mainly domestically in November and December, so steel exports from India were expected to decline further in the next few months.