📊 Market Report · Steel Export · 2025 Data
Steel Export Market Intelligence Report 2025
Data-driven export intelligence for Indian steel manufacturers — top buyer markets, pricing benchmarks, HS codes, tariff updates, and fastest-growing demand segments.
Top Import Markets for Indian Steel 2025
| Country | Imports 2025 | YoY Growth | Key Products |
|---|
| UAE | $4.2B | +28% | HR Coils, Flat Products, Structural |
| USA | $3.1B | +12% | Alloy, Stainless, Tubes |
| Italy | $1.8B | +9% | Specialty Steel, Wire Rods |
| Vietnam | $1.6B | +34% | CR Coils, Galvanized |
| Kenya | $520M | +41% | Structural, Roofing Sheets |
High-Growth Segments 2025-26
Green / Low-Carbon Steel — EU CBAM creates premium for carbon-certified steel. +67% demand growth
Specialty Alloy Steel — Aerospace, defence, EV battery packs driving demand globally.
Africa Infrastructure Steel — $40B+ annual import gap. India's pricing advantage: 18-23%.
Gulf Construction Boom — Saudi Vision 2030 + UAE projects through 2028.
Price Benchmarks Apr 2026
| Product | India FOB $/MT | China FOB $/MT | India Advantage |
|---|
| HR Coil 3mm | $485 | $472 | Quality certification + reliability |
| CR Coil 1mm | $560 | $541 | IS Standard consistency |
| SS 304 Sheet | $2,180 | $2,090 | NABL-certified mills |
| TMT Bar Fe500 | $510 | $490 | BIS IS 1786 certification |
Key HS Codes for Steel Exports
7208 — Flat-rolled iron/non-alloy steel, width ≥600mm, hot-rolled
7209 — Flat-rolled products, cold-rolled
7213 — Wire rods in irregularly wound coils
7219 — Flat-rolled stainless steel, width ≥600mm
Tariff Watch 2025-26
India-UAE CEPA — Zero duty on 90%+ of steel to UAE. Use Form AI-1 Certificate of Origin.
Saves 5-12% import duty — biggest competitive advantage
EU CBAM — Carbon Border Adjustment applies from 2026. Carbon certification avoids penalty.
USA Section 232 — 25% tariff. India under quota negotiation. Correct HTS code critical.