Steel Export from India: Top Exporters, Market Data & Global Demand

Were you aware? India, once a major importer of steel, is now rising as a dominant global exporter in the steel trade landscape. Long known as one of the largest steel producers in the world, India has recently strengthened its position as a major player in international steel exports. Backed by high production capacity, competitive pricing, and strategic trade partnerships, the steel export from India story is one of remarkable growth and opportunity.

In this blog, well cover:

• Growth trends in India steel export data

• The top steel exporters in India

• Key steel HS codes

• Export destinations for Indian steel

• The latest steel export data and global market insights

India Steel Export Data 2024: Growth & Price Trends

According to Indian trade data, Indias steel exports surged to an 18-month high in January 2024, reaching 1.1 million metric tonnes. This significant increase was driven by higher demand from the European Union, stable international prices, and Indias competitive manufacturing edge.

With Hot Rolled Coil (HRC) prices averaging USD 710 per tonne globally and INR 58,000 domestically, India remains an attractive exporter for international buyers.

Top 10 Steel Exporting Countries (2024)

As per the steel export by country rankings, these are the top 10 steel exporting countries in 2024:

1. China
2. India
3. Japan
4. United States
5. Russia
6. South Korea
7. Germany
8. Turkey
9. Brazil
10. Iran

Top Steel Exporters in India 2024

Here are the top exporters of steel in India, contributing significantly to the countrys trade growth:

• Tata Steel Limited
• Steel Authority of India Limited (SAIL)
• JSW Steel Limited
• ArcelorMittal Nippon Steel India
• Jindal Steel and Power Limited (JSPL)
• Vedanta Limited (ESL Steel)
• Rashtriya Ispat Nigam Limited (RINL)
• VISA Steel Limited
• Godawari Power and Ispat Limited
• NMDC Limited

India Exports Steel To Which Countries?

The export of steel from India is witnessing strong momentum in markets like:

• Italy: 1.04 million metric tonnes

• Vietnam: 0.87 million metric tonnes

• United Arab Emirates: 0.7 million metric tonnes

Additionally, steel export from India to USA and other Middle Eastern, Southeast Asian, and European nations is on the rise, reinforcing Indias global export footprint.

Steel HS Code & Export Data Access

If you're in the steel trading business, its crucial to track the correct steel HS codes and the latest market data. Leading exporters, importers, and traders access Export Import Data from reliable platforms like Exportimportdata.in offering:

• India steel export data

• Steel HS codes

• Top steel exporters in India

• Real-time country-wise export records

• Updated Indian export data and Indian import data for over 130+ nations

Final Takeaway

The steel export from India is not just about numbers its about economic influence, global market positioning, and trade competitiveness. With a growing global footprint, efficient infrastructure, and a skilled workforce, India is poised to climb even higher on the list of the largest steel exporters in the world.

Whether you're a business owner, importer, or trade analyst, staying informed about Indian trade data and market trends is essential.

Want access to verified, real-time steel export data? Connect with Exportimportdata.in today for a live demo and unlock premium global trade insights!