India Imports of Iron and Steel fall to US$ 703.83 M in September- 2013 - InfodriveIndia.com
10/26/2013

InfodriveIndia.com, India’s premier research company in export import market research, announced today that India’s imports of Iron and Steel in September- 2013 has fallen to US$ 703.83 M a decrease of 14.25% compared to August 2013.

Online PR News – 26-October-2013 – New Delhi – New Delhi, India, October 22, 2013 ,

InfodriveIndia.com, India’s premier research company in India’s foreign trade statistics, announced today that India’s Iron and Steel imports in September- 2013 has fallen to US$ 703.83 M, a decrease of 14.25% compared to August 2013.

This finding is based on imports in India of Iron and Steel of InfodriveIndia.com and is compiled from bills of entry filed by Indian Importers at Indian customs through September- 2013 at more than 170+ ports in India like JNPT, Bombay Air and Sea , Chennai Air & Sea , Delhi IGI Air, Delhi Tughlakhabad ICD, Delhi Patparganj, Kolkata Air and Sea, Bangalore Air and many more. InfodriveIndia.com India Iron and Steel Import database is considered to be the most comprehensive, up-to-date and authentic information on India’s foreign trade of Iron and Steel.

According to Pradeep, Chief Research Associate of InfodriveIndia.com, compared to August 2013, a decrease of USD 703.83 M in September- 2013 has been noticed. He further gives a analysis and break up of major product categories , major countries and major Indian ports under Iron and Steel as follows :

A. Imports of Ferrous Waste and Scrap or Remelting Scrap Ingots of Iron or Steel has fallen month on month basis by -10.35%.

Total value of imports in September- 2013 was 206.07 M, compared to August 2013 , there is a decrease of -23.8 M in September- 2013, growth rate in percentage terms is -10.35%, the major destination countries were United Kingdom, South africa, United States, United arab Emirates and Netherlands and major Indian ports were JNPT, Madras Sea, Ludhiana ICD, Loni ICD and Vizag Sea .

B. Imports of Flat-Rolled products of other Alloy Steel of a width of 600 Mm or more has fallen month on month basis by -40.78%.

Total value of imports in September- 2013 was 96.35 M, compared to August 2013 , there is a decrease of -66.35 M in September- 2013, growth rate in percentage terms is -40.78%, the major destination countries were Japan, Korea, Republic of, China, Germany and Russia and major Indian ports were Bombay Sea, JNPT, Madras Sea, Mundra and Kandla .

C. Imports of has fallen month on month basis by -7.22%.

Total value of imports in September- 2013 was 77.49 M, compared to August 2013 , there is a decrease of -6.03 M in September- 2013, growth rate in percentage terms is -7.22%, the major destination countries were Japan, Korea, Republic of, China, Germany and Russia and major Indian ports were Mundra, Calcutta Sea, Bombay Sea, Kandla and Madras Sea .

D. Imports of Flat-Rolled products of Iron or Non-Alloy Steel of a width of 600 Mm or more, Cold-Rolled not Clad and Plated or Coated has fallen month on month basis by -15.12%.

Total value of imports in September- 2013 was 62.31 M, compared to August 2013 , there is a decrease of -11.1 M in September- 2013, growth rate in percentage terms is -15.12%, the major destination countries were Korea, Republic of, Japan, China, Ukraine and Belgium and major Indian ports were Bombay Sea, Madras Sea, Kandla, Talegaon ICD and JNPT .

Pradeep says that the above information is on major product categories, and users requiring detailed analysis and reports on their specific products can contact Sales team at InfodriveIndia.com with detailed description of their product, brand names and its uses.

According to Pradeep, usually InfodriveIndia.com team delivers most of the projects within 3 working days.

InfodriveIndia.com analysis and research is done from import export statistics from customs which is based on the import bills of entry filed importers from India at various ports, InfodriveIndia reporters collect this data from every Indian port, and InfodriveIndia export import database yields the most timely, accurate, comprehensive information available on trade through India Ports. Recently after a long and persistent lobbying with Indian Govt, InfodriveIndia.com has been able to release India Import Statistics almost on realtime basis, bringing the backlog time to just 3 days, compared to Govt sources which are around 6 months old. Another unique feature of InfodriveIndia.com database is unparalleled coverage of 170+ ports in India.

Company Profile :

InfodriveIndia.com is 16 year old market leader and primary source of international trading information in India. The India Import Export data bank, which is at the core of InfodriveIndia.com trade information services is unique and has been categorized by Harmonized system in over 25,000 product codes. InfodriveIndia researchers provide expert data analysis and interpretation tools, Charts, Pivot reports in MS Excel and detailed item wise records to support decision-marking for International Trade, finding active Indian buyers, supply-chain management, competitive intelligence and brand protection.

World’s top market research companies, Export promotion councils, trade associations, domestic and foreign governments, and over 16,000 corporates from more than 65 countries rely on InfodriveIndia.com for meaningful export import trade intelligence to guide their International business strategies.

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