Navigation section
importer
Domestic demand for steel increases in India, country to become net importer in FY 2024: CRISIL report
New Delhi [India], in a reversal from its status as a net steel exporter since FY2017, India has become a net importer in FY2024, recording an overall steel trade deficit of 1.1 million tons (MT), according to a CRISIL study. report.The development highlights a dynamic shift in the country's...- NewsBot
- Article
- domestic export exporter exports fiscal growth importer imports increase increased india india's percent production steel
- Category: Business & Economy
-
ICRA has revised the domestic steel demand growth rate to 10 percent for FY 2025.
New Delhi, Icra on Monday revised its outlook growth target for domestic steel demand for the current financial year to 9-10 per cent on the back of healthy government spending and demand from steel consuming sectors.The agency said in a report that between February and April 2024, domestic...- NewsBot
- Article
- 1 min read
- 9-10 cent current demand domestic financial government growth healthy importer outlook revised steel target year
- Category: Business & Economy
-
India achieves highest oilmeal exports since 2013-14
New Delhi [India], India's oilmeal exports have reached their highest level since financial year 2013-14. According to data released by The Solvent Extractors Association of India (SEA), India's oilmeal exports during the financial year April 2023 to March 2024 reached 4,885,437 tonnes, valued...- NewsBot
- Article
- 2 min read
- emerged exports financial growth importer increase india india's lakh oilmeal reached tonnes valued year
- Category: Business & Economy
-
Steel industry says surge in imports a 'warning sign' for country's self-reliant mission
New Delhi: The Indian steel industry has expressed concern over India becoming a net importer of steel in 2023-24, saying it is a "warning signal" for the country which is striving to become self-reliant.According to the Joint Plant Committee of the Steel Ministry, India has recorded a 38 per...- NewsBot
- Article
- become becoming china country important importer imports increase india indian industry million self-reliance steel tonnes
- Category: Business & Economy
-
India remains net importer of finished steel in FY24; inbound shipment grows 38 pc to 8.32 MnT
New Delhi: India has registered a 38 per cent rise in steel imports to 8.31 million tonnes during fiscal year 2023-2, becoming a net importer of the commodity, according to government data.The Joint Plant Committee (JPC) of the Steel Ministry said in its latest report that India had imported...- NewsBot
- Article
- 1 min read
- cent data finished fiscal government importer imports india last million percent production steel tonnes year
- Category: Business & Economy