Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

India exports 8.22 MT of finished steel in Apr-Jan.


Date: 21-03-2018
Subject: India exports 8.22 MT of finished steel in Apr-Jan
The Dollar Business Bureau: The Government on Monday said that India exported 8.22 million tonnes of finished steel during the April-January period of the current financial year.

As compared to exports, the country’s imports were lower at 6.45 million tonnes during the 10-month period of 2017-18, said Vishnu Deo Sai, Minister of State for Steel, in a response to the Lok Sabha.

The country had exported 8.24 million tonnes of finished steel during the fiscal of 2016-17 and 4.08 million tonnes in the 2015-16 fiscal, the Minister said.

On the other hand, the country’s imports of finished steel stood at 7.23 million tonnes in the 2016-17 financial year, while imported 11.71 million tonnes of finished steel during 2015-16 fiscal.

Replying to a question on a volatile pricing of iron ore, a major raw material used in the manufacturing of steel, Sai said that the Government does not regulate or control the prices of iron ore or any other raw material in the country.

“There is a transparent policy of allocation of mineral and its extraction,” he added.

The Minister further said that steel manufacturers in the country are free to import any raw material depending on their financial consideration.

During April-January 2017-18, the production of finished steel in the country was to 88.59 million tonnes.

In India, the per capita consumption of steel is around 63 kg and the government is aiming to take it to 160 kg by 2030-31.

Source: thedollarbusiness.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 11-08-2020
Notification No. 32/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI-reg.

Date: 10-08-2020
Notification No. 24 /2015-2020
Amendment in Policy condition of Sl. no. 55 & 57, Chapter 10 Schedule 2, ITC (HS) Export Policy, 2018-reg

Date: 10-08-2020
Notification No. 25 /2015-2020
Issue of Advance Authorisations where export item is Gold medallions and coins or Gold Jewellery/Articles manufactured by fully mechanised process

Date: 10-08-2020
Notification No. 35/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI-reg.

Date: 10-08-2020
Notification No. 22/2020-CUSTOMS (ADD)
Seeks to impose provisional anti-dumping duty on imports of Black Toner in powder form originating in or exported from China PR, Malaysia and Chinese Taipei for a period of six months.

Date: 07-08-2020
Notification No. 33/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI-reg.

Date: 07-08-2020
Notification No. 34/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI-reg.

Date: 07-08-2020
Notification No. 32 /2020 –Customs
Seeks to amend notification No. 50/2017-Customs dated 30th June, 2017 so as to exempt goods for KKNP 5 and 6.

Date: 07-08-2020
Notification No. 70/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - Reg.

Date: 06-08-2020
TRADE NOTICE No. 24 /2020-21
Extension of date for filling online applications for export quota of August 2020 for PPE Medical coverall for Covid-19.



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001