Exports of ferrous materials from India could become more logistically challenging in the coming weeks while the country battles the Covid-19 pandemic, market participants have told Fastmarkets.
The worst may still be to come for steel exports out of Covid-hit eastern India, sources said, because of a lack of available stevedores, forces majeures at ports and reduced steel output at certain plants.Indian steelmakers have orders for several hundred thousand tonnes of semi-finished steel exports due to be shipped in the next two months, with most of them sold to China and scheduled to be shipped...