Indian steel exports are expected to see less growth in the coming months as overseas orders start to dry up. According to an Elara Capital report, exports jumped by 83 per cent in October to 0.73 million tonnes. This fast pace is unlikely to continue as the surge happened because buyers in
India's trade deficit narrowed to USD 24.53 billion in November from USD 41.68 billion in October, said the data released by the government on Monday. This was driven by a fall in gold, oil and coal imports, it said.
Beijing [China], May 2 (ANI): China's economic growth may have 'peaked', but the momentum will only wane for the remainder of the year after slowing domestic and overseas demand led to lower-than-expected sentiment in the manufacturing and non-manufacturing sectors in April, say analysts.