India's Iron and Steel exports rise to US$ 705.14 M in December- 2014

Photo: South China Morning Post

New Delhi, Delhi, January 19, 2015: InfodriveIndia.com, India's premier research company in export import market research, announced today that India's Iron and Steel exports in December- 2014 has grew to US$ 705.14 M a increase of 38.13% compared to November 2014.

New Delhi, Delhi, January 19, 2015 /India PRwire/ -- InfodriveIndia.com, India's premier research company in export import market research, announced today that India's Iron and Steel exports in December- 2014 has grew to US$ 705.14 M, a increase of 38.13% compared to November 2014.

This finding is based on India Iron and Steel export data of InfodriveIndia.com and is based on export shipping bills filed at Indian customs by exporters from India through December- 2014 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 Export 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 705.14 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. Exports 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 35%.

Total value of exports in December- 2014 was 177.42 M, compared to November 2014, there is a increase of 45.99 M in December- 2014, growth rate in percentage terms is 35%, the major destination countries were United States, United arab Emirates, Italy, Iran and Portugal and major Indian ports were JNPT, Bombay Sea, Goa Sea, Calcutta Sea and Magdalla.

B. Exports of has grew month on month basis by 183.7%.

Total value of exports in December- 2014 was 148.36 M, compared to November 2014, there is a increase of 96.07 M in December- 2014, growth rate in percentage terms is 183.7%, the major destination countries were Iran, United arab Emirates, Italy, Malaysia and Taiwan and major Indian ports were Goa Sea, Magdalla, Vizag Sea, Madras Sea and Raxaul.

C. Exports of Ferro Alloys has fallen month on month basis by -6.02%.

Total value of exports in December- 2014 was 110.54 M, compared to November 2014, there is a decrease of -7.08 M in December- 2014, growth rate in percentage terms is -6.02%, the major destination countries were Japan, Netherlands, Iran, Korea, Republic of and Italy and major Indian ports were Calcutta Sea, Vizag Sea, Paradip, Madras Sea and Nagpur.

D. Exports 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 grew month on month basis by 102.99%.

Total value of exports in December- 2014 was 55.49 M, compared to November 2014, there is a increase of 28.15 M in December- 2014, growth rate in percentage terms is 102.99%, the major destination countries were Italy, Belgium, Thailand, United States and Costa Rica and major Indian ports were Goa Sea, Calcutta Sea, Magdalla, JNPT and Vizag Sea.

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 export statistics from Indian customs which is based on export shipping bills 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 export import data 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.

Courtesy: Info Drive