How to
Import 10 Mm Steel Bars to India

Are you here to know how you can import 10 Mm Steel Bars to India? Well, Connect2India gives you the complete understanding about how to import 10 Mm Steel Bars to India, from where to import 10 Mm Steel Bars, at what price 10 Mm Steel Bars should be imported and also the best 10 Mm Steel Bars exporters in the world.

10 Mm Steel Bars

Summary for the Indian 10 Mm Steel Bars import

In FY 2020-2021 (Apr-Nov), Around 46.87 USD million of 10 Mm Steel Bars is imported from India to China. It is around 27.32% of the total import of 10 Mm Steel Bars.

  • The value of 10 Mm Steel Bars import from India in October 2020 is 23.38 USD million .
  • Major countries where 10 Mm Steel Bars was imported in October 2020 are China(8.58), Rep. of Korea(3.2), Germany(2.22), Japan(2.15), TAIWAN(1.07).
S.no. Country Qty Value(USD Million) Month year
China 5856190 8.58 October 2020
Rep. of Korea 2688970 3.2 October 2020
Germany 529390 2.22 October 2020
Japan 523920 2.15 October 2020
TAIWAN 404980 1.07 October 2020
USA 235020 0.94 October 2020
France 279060 0.68 October 2020
Italy 123330 0.63 October 2020
China, Hong Kong SAR 40400 0.62 October 2020
United Kingdom 53200 0.62 October 2020
Singapore 96760 0.36 October 2020
Belgium 340760 0.33 October 2020
Sweden 27820 0.28 October 2020
Thailand 89000 0.27 October 2020
Malaysia 195220 0.26 October 2020
Switzerland 26080 0.23 October 2020
Ukraine 79770 0.15 October 2020
Finland 860 0.13 October 2020
Slovenia 43790 0.12 October 2020
Austria 4000 0.11 October 2020

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Import 10 Mm Steel Bars to India

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There are 82 distinct countries to import 10 Mm Steel Bars into India. Collectively India imported 171.57 USD Million of 10 Mm Steel Bars from those 82 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 45.22% than the 10 Mm Steel Bars imported into India the previous year. In 2017, countries exported around quantity of 10 Mm Steel Bars to India while in 2018, India’s 10 Mm Steel Bars import accounts to quantity from countries. This shows the rise of �% 10 Mm Steel Bars import in terms of quantity imported.

To import 10 Mm Steel Bars to India, the best countries according to Indian shipment records are China, Rep. of Korea, Japan, Germany, TAIWAN . Together they sold 171.57 USD Million worth value of 10 Mm Steel Bars to India.

Overall the import of 10 Mm Steel Bars into India fall of -27.25% since 2014 when 10 Mm Steel Bars import shipments into India were valued at 744.49 USD Million. Year over year, the value of 10 Mm Steel Bars import from India up by 45.22% from 2017 to 2018.

The import reached an all time high of 744.49 USD Million during the year 2014.

Among the countries from where 10 Mm Steel Bars is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their 10 Mm Steel Bars imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of 10 Mm Steel Bars, you should know the HS CODE of products at first.

Some HS Codes corresponding to 10 Mm Steel Bars are

S.No Product H.S Code
Rectangular iron or non alloy steel bars, less than .25 percentage C, width less than twice thicknes 720711
Semi finished bars, iron or non alloy steel less than 0.25 percentage C, rectangular, nes 720712
Bars and rods s steel circlr 722211
Bars and rods s steel nfw ho 722219
Bar, rod, angle etc nes, hollow steel drill bars 7228
Hollow drill bars and rods of alloy non alloy steel 722880
Iron and non alloy steel, in puddled bars or other primary forms (excl. ingots, remelted scrap ingots, continuous cast products, iron of heading 7203) 72069000
Bars and rods, hot rolled, in irregularly wound coils of iron or non alloy steel, with indentations, ribs, grooves or other deformations produced during the rolling process 72131000
Bars and rods, hot rolled, in irregularly wound coils, of non alloy free cutting steel (excl. bars and rods containing indentations, ribs, grooves or other deformations produced during the rolling process) 72132000
Bars and rods, hot rolled, of the type used for concrete reinforcement, smooth, of iron or non alloy steel, in irregularly wound coils, of circular cross section measuring less than 14 mm in diameter 72139110

Use our HS CODE FINDER tool to search for the hs codes of products

Top Global Markets for import 10 Mm Steel Bars to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of 10 Mm Steel Bars
import 10 Mm Steel Bars to India from China 37752900 46.87
import 10 Mm Steel Bars to India from Rep. of Korea 18967090 22.42
import 10 Mm Steel Bars to India from Japan 5831290 19.64
import 10 Mm Steel Bars to India from Germany 4826470 15.7
import 10 Mm Steel Bars to India from TAIWAN 4018430 10.07
import 10 Mm Steel Bars to India from USA 2027800 10.02
import 10 Mm Steel Bars to India from Netherlands 2101120 5.81
import 10 Mm Steel Bars to India from France 2116810 5.79
import 10 Mm Steel Bars to India from China, Hong Kong SAR 414050 4.6
import 10 Mm Steel Bars to India from Italy 1190880 4.19

Product wise trends to Import 10 Mm Steel Bars to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of 10 Mm Steel Bars
72283029 Others 44047360 41.38
72284000 Othr bars and rods-forged 17882910 27.21
72210090 Bars and rods of stainless steel, hot-rolled, in irregularly wound coils, containing by weight < 2,5% nickel 9398620 19.22
72071290 Semi-finished products of iron or non-alloy steel, containing by weight < 0,25% carbon, of rectangular "other than square" cross-section, the width >= twice the thickness, forged 40129020 16.6
72142090 Others 32955150 15.23
72285090 Others 5828580 13.05
72283024 Bars and rods of tool and die steel 9263770 12.09
72279090 Other bars and rods,ht-rlld in irregurarly wound coils of othr alloy steel 12238990 10.19
72283019 Bright bars ofother stl 9379250 8.83
72279040 Bars and rods of cold bearing qulty 11771510 8.37

Import Duty for Bars And Rods Of Silico-manganese Steel under HS CODE 72282000

HS Code 72282000
Description Bars And Rods Of Silico-manganese Steel
Customs Duty (%) 15%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 35.7%
Import Policy

People Also Ask

Which country is the major exporter of 10 Mm Steel Bars to India?

China, Rep. of Korea, Japan, Germany, TAIWAN are the major exporters of 10 Mm Steel Bars to India.

Describe 10 Mm Steel Bars import industry in India?

10 Mm Steel Bars import industry in India is worth 171.57 USD Million in India in 2020-2021 (Apr-Nov). There are total of 82 countries from where India import’s quantity of 10 Mm Steel Bars.