The report from the US Congressional Research Service (CRS) showed that Indian steel export value to the US dropped by 49% year on year in 2018 to US$370 million roughly, while the export value of aluminum grew by 58% year on year to around US$220 million in 2018.
In the same year, the US’ import value to steel and aluminum reached US$29.5 billion and US$17.6 billion respectively.
It was understood from the report that the US’ import value and amount of steel products showed a great fluctuation in the past few decades, while those of aluminum products have been kept growing.
Indian steel exports to US drop, while aluminum exports rise in 2018
22 Apr 2019 14:03 reported by Joy Liu
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