Free Demo Request

Finished steel exports surge 17% in FY18

Date 08-May-2018
Subject Finished steel exports surge 17% in FY18

India’s total export of finished steel increased by 16.7% to 9.621 million tonnes (MT) in 2017-18, according to an official data. The Country had exported 8.242 MT finished steel during 2016-17 fiscal, the Joint Plant Committee (JPC) said in a report.

Empowered by Ministry of Steel, JPC is the only institution which collects data on the Indian iron and steel industry.

“Import of total finished steel was at 7.482 mt in April-March 2017-18, up by 3.5 per cent over same period of last year, in which contribution of the non-alloy steel segment stood at 5.636 MT, while the rest was the contribution of the alloy steel segment, including stainless steel,” the JPC said.

India’s total production of finished steel during the just concluded fiscal grew 3.1% to 104.966 MT.

“The production for sale of total finished steel at 104.966 MT, registered a growth of 3.1 per cent during April-March 2017-18 over same period of last year, in which contribution of the non-alloy steel segment stood at 95.004 MT, while the rest was the contribution of the alloy steel segment including stainless steel,” the report.


Source:-Dailyshippingtimes.com

High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG
Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard