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India exports 13.5 MT finished steel worth Rs 1 lakh crore in FY22: Faggan Singh Kulaste

According to official data, India’s finished steel exports were at 10.78 million tonne in 2020-21.

April 27, 2022 / 04:06 PM IST

India exported 13.5 million tonne (MT) of finished steel valuing Rs 1 lakh crore in the last financial year, Minister of Steel Faggan Singh Kulaste has said.

According to official data, India’s finished steel exports were at 10.78 million tonne in 2020-21.

"India exported 13.5 MT finished steel amounting to Rs 1 lakh crore and imported steel of around Rs 46,000 crore during FY22,” Kulaste said at Steel and Engineering Exports organised by Metalogic PMS on Tuesday.

The value of merchandise exports from India was at USD 420 billion, he said.