India’s premier research company in export import statistics, announced today that India’s Iron and Steel imports in December- 2014 has grew to US$ 1161.8 M, a increase of 15.91% compared to November 2014.
This finding is based on India Imports items of Iron and Steel of InfodriveIndia.com and is compiled from Imports bills of entry filed at Indian customs through December- 2014 at more than 170+ ports in India like JNPT Import, 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 November 2014, a increase of USD 1161.8 M in December- 2014 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 grew month on month basis by 14.77%.
Total value of imports in December- 2014 was 312.14 M, compared to November 2014, there is a increase of 40.17 M in December- 2014, growth rate in percentage terms is 14.77%, the major destination countries were United arab Emirates, South africa, United Kingdom, Netherlands and United States and major Indian ports were JNPT, Ludhiana ICD, Madras Sea, Vizag Sea and Loni ICD.
B. Imports of Flat-Rolled products of other Alloy Steel of a width of 600 Mm or more has grew month on month basis by 15.04%.
Total value of imports in December- 2014 was 172.48 M, compared to November 2014, there is a increase of 22.55 M in December- 2014, growth rate in percentage terms is 15.04%, the major destination countries were China, Korea, Republic of, Japan, Russia and Taiwan and major Indian ports were Bombay Sea, JNPT, Mundra, Kandla and Madras Sea.
C. Imports of has grew month on month basis by 86.96%.
Total value of imports in December- 2014 was 138.45 M, compared to November 2014, there is a increase of 64.4 M in December- 2014, growth rate in percentage terms is 86.96%, the major destination countries were Korea, Republic of, Japan, Italy, France and China and major Indian ports were Bombay Sea, Kandla, Mundra, Madras Sea and JNPT.
D. Imports of Flat-Rolled products of Iron or Non-Alloy Steel of a width of 600 Mm or more, Clad and Plated or Coated has grew month on month basis by 25.31%.
Total value of imports in December- 2014 was 88.18 M, compared to November 2014, there is a increase of 17.81 M in December- 2014, growth rate in percentage terms is 25.31%, the major destination countries were Korea, Republic of, Japan, China, Brazil and Belgium and major Indian ports were Madras Sea, JNPT, Bombay Sea, Delhi TKD ICD and Mundra.
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 at various ports, InfodriveIndia reporters collect this data from every Indian port, and InfodriveIndia 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.
Source: InfodriveIndia
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