World merchandise trade volume is expected to grow 3.0% in 2022 (down from 4.7% previously) and 3.4% in 2023, but these figures may be subject to revision due to uncertainty about the course of the conflict in Ukraine.
The Ministry of Steel recently announced that the country exported 13.5 million tonnes (mt) of finished steel amounting to Rs 1 lakh crore and imported steel of around Rs 46000 crores.