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China and Vietnam's share in Indian steel imports increased

According to official data, the share of China and Vietnam in Indian steel imports increased in June 2023.

China and Vietnam's share in Indian steel imports increased

The share of various countries such as China and Vietnam in India's 4.84 LMT steel imports rose year-on-year. It was also stated that India's steel imports increased by 7 percent compared to June 2022.

In June 2022, imports from China were 26 percent, while imports from Vietnam were 1 percent; In June 2023, imports from China rose to 37 percent, while imports from Vietnam rose to 5 percent.

In addition to China and Vietnam, the share of Japan, Saudi Arabia, Nepal, the USA and Russia in India's total steel imports also increased in June 2023 compared to June 2022.

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