India's steel imports from China up 67% in April-June from Jan-Mar

Monday, 06 August 2018 14:59:00 (GMT+3)   |   Kolkata

India's steel imports from China surged by 67 percent quarter on quarter during the April-June quarter of the current year to 362,000 mt, data sourced from the government indicates.

The data has been compiled as part of an exercise by India's Ministry of Steel to look into the options of imposing safeguard duties to check the flow of imported steel into the country amid the fallout of trade skirmishes between the US and other countries, a government official said.

Indian imports of steel from Japan rose by 47 percent to 374,000 mt in the April-June quarter this year, while import shipments from South Korea in the given period were up 35 percent to 746,000 mt, both quarter on quarter.

Most Recent Related Articles

India extends AD duty on HR stainless imports from three countries

Uptrend of Indian pellet export prices slows down as buyers become cautious

Indian billet exporters in hurry to conclude deals as negative notes emerge

India’s JSPL posts strong financial results in Q4 and fiscal year owing to higher output, exports

Indian local HRC prices show sharp regional variations based on discounting levels