n April and May, while India was under curbs to contain the COVID-19 pandemic, China emerged as the most important export destination for steel companies, accounting for about 48 per cent of total steel exports.
According to Joint Plant Committee (JPC) data, finished steel exports to China during April 1, 2020 and May 31,2020, stood at 440,000 tonnes while semis was at 1 million tonnes; total finished steel exports during the same time was at 1.7 million tonnes and semis at 1.3 million tonnes.
