India’s Flat steel imports drop down in April’13

In  April’13, India import of Flat steel (HR and CR) under chapter-72 were qty 2,27,700 MT approx; out of which  HR imports were 1,34,000 MT and CR were nearly  93,700 MT.  Import were down from March’13 as in the same period flat steel import stood at Qty 2,95,000 MT. 

India mainly imports flat steel from Japan, and Korean over free trade agreement deal that discount the custom duty by 2%. April'13 Japan export to India qty. 66,500 MT, Korea  53,600 MT and Ukraine admitted 47,400 MT export. 

The west coast of India ports, Mumbai, Mundra and Kandla received Qty 97,000 MT , 45,800 MT and 51,200 MT  respectively. Similarly Chennai the south eastern port import 30,000 MT. Remaining small quantity imported in eastern region. As per the data released by Custom. 


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *