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According to Indian trade statistics, hot-rolled coil (HRC) exports reached 262,000 tonnes in February 2026, S250GD+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , marking a massive 5.2-fold year-on-year increase (compared to 51,000 tonnes in the same period last year).
In terms of destination, Italy topped the list with 81,000 tonnes (up from zero in the same period last year), followed by Vietnam with 50,000 tonnes (up from zero), Nepal with 43,000 tonnes (up 47.9% year-on-year), and the UAE with 39,000 tonnes (up 176.8% year-on-year).
Cumulative export volume for January and February reached 568,000 tonnes, a 5.2-fold increase year-on-year (compared to 111,000 tonnes in the same period last year). S250GD+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Vietnam was the largest export destination, accounting for 205,000 tonnes at an average FOB price of $451 per tonne.
Statistics indicate that India's total export volume for 2025 stood at 1.796 million tonnes, down 8.3% year-on-year. However, driven by increased supply following the commissioning of multiple blast furnaces, exports of surplus hot-rolled coils have recently surged, with the bulk of shipments destined for Southeast Asia.
On the other hand, domestic prices in India have recently shown signs of rebounding, and export inquiries have declined since April. S250GD+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Against a backdrop of ample supply, steel mills have begun prioritizing domestic demand; future export trends warrant continued monitoring.
