Finished steel imports from all key exporters to India have increased.
Sales in automotive and special products segment rose 3% to 2.3 mt.
Previously, Singh was director-in-charge of Burnpur and Durgapur Steel Plant.
Indonesia’s steel consumption is around 17 mt.
India is the world's second-largest crude steel producer, had become a net importer in 2023/24.
India’s steel exports rose to 440 million lakh tonnes in October.
Trump has said to block the deal, which is worth $14.9 billion including debts.
Baosteel made a net profit of $188 million, down from 3.8 billion yuan in the year-ago period.
The company has not yet disclosed its plans for appointing a new CFO.
India imports approximately 400,000 tonnes of non- BIS compliant steel annually.
