India’s steel imports dropped 34.4% in April 2016 to 654,000 tons from 997,000 tons in March 2016, latest provisional steel ministry data showed.
In April 2015, steel imports stood at 774,000 tons. This shows steel imports decreased 15.5% year-on-year.
In April 2016-17, steel imports fell 15.5% to 654,000 tons, down from 774,000 tons in the same period last year.