$140KIndia’s exports in FY 2025-26
2countries bought from India
-55%against FY 2024-25 ($310K)
25tonnes shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- Russia
- United Arab Emirates
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steelNotification 9/2025-CT(R), Schedule II, entry 275
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 7224.90
7224.90.99Alloy steel ingots and semi-finished products — other types$223M in FY 2025-267224.90.91Alloy steel ingots and semi-finished products — other: billets$3.7M in FY 2025-267224.90.30Alloy steel ingots and semi-finished products — other: Of cobalt bearing high speed steel quality$1.1M in FY 2025-267224.90.10Alloy steel ingots and semi-finished products — other: Of tool steel quality$870K in FY 2025-267224.90.40Alloy steel ingots and semi-finished products — other: Forged blanks of alloy steel$560K in FY 2025-26