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 2019-2020 (Apr-Jan), Around 91.76 USD million of 10 Mm Steel Bars is imported from India to China. It is around 26.64% of the total import of 10 Mm Steel Bars.

  • The value of 10 Mm Steel Bars import from India in January 2020 is 26.99 USD million .
  • Major countries where 10 Mm Steel Bars was imported in January 2020 are China(6.26), Rep. of Korea(3.37), Japan(3.06), Germany(2.58), TAIWAN(1.53).
S.no. Country Qty Value(USD Million) Month year
China 4734440 6.26 January 2020
Rep. of Korea 3101990 3.37 January 2020
Japan 645480 3.06 January 2020
Germany 609620 2.58 January 2020
TAIWAN 571080 1.53 January 2020
Netherlands 468259 1.23 January 2020
USA 385510 1.09 January 2020
Ukraine 433540 1.05 January 2020
China, Hong Kong SAR 155790 1.0 January 2020
United Kingdom 242460 0.83 January 2020
Singapore 77160 0.64 January 2020
France 138248 0.63 January 2020
Sweden 104520 0.59 January 2020
Italy 196970 0.55 January 2020
Belgium 490230 0.36 January 2020
Austria 40860 0.35 January 2020
Brazil 25720 0.33 January 2020
Thailand 137240 0.27 January 2020
Canada 370550 0.24 January 2020
Malaysia 128650 0.16 January 2020

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Import 10 Mm Steel Bars to India

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There are 94 distinct countries to import 10 Mm Steel Bars into India. Collectively India imported 344.4 USD Million of 10 Mm Steel Bars from those 94 countries in 2019-2020 (Apr-Jan) 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 344.4 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 Cyprus,Br. Virgin Isds and Antigua and Barbuda.

The countries from where India reduced their 10 Mm Steel Bars imports are AMERI SAMOA,CHRISTMAS IS. and Lao People Dem. Rep.

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 2019-2020 (Apr-Jan)

S.NO. Country Quantity of import import value of 10 Mm Steel Bars
import 10 Mm Steel Bars to India from China 70793520 91.76
import 10 Mm Steel Bars to India from Rep. of Korea 58878640 68.0
import 10 Mm Steel Bars to India from Japan 10841080 39.32
import 10 Mm Steel Bars to India from Germany 6550129 26.6
import 10 Mm Steel Bars to India from TAIWAN 6807040 17.12
import 10 Mm Steel Bars to India from USA 4266580 14.75
import 10 Mm Steel Bars to India from France 3245910 11.29
import 10 Mm Steel Bars to India from Italy 3195780 8.42
import 10 Mm Steel Bars to India from China, Hong Kong SAR 1396190 7.08
import 10 Mm Steel Bars to India from Netherlands 2410290 6.75

Product wise trends to Import 10 Mm Steel Bars to India in 2019-2020 (Apr-Jan)

S.NO. Code Name Quantity of import import value of 10 Mm Steel Bars
72142090 Others 181821380 98.31
72283029 Others 82402910 79.32
72284000 Othr bars and rods-forged 32946570 49.56
72210090 Bars and rods of stainless steel, hot-rolled, in irregularly wound coils, containing by weight < 2,5% nickel 22365760 49.47
72285090 Others 11423110 31.04
72283019 Bright bars ofother stl 31208970 29.83
72283024 Bars and rods of tool and die steel 16660710 26.03
72279090 Other bars and rods,ht-rlld in irregurarly wound coils of othr alloy steel 26148010 20.0
72281090 Bars and rods of high-speed steel, not further worked than cold-formed or cold-finished, whether or not further worked, or hot-formed and further worked (excl. forged products, semi-finished products, flat-rolled products and hot-rolled bars and rods in irregularly wound coils) 9529840 18.38
72279040 Bars and rods of cold bearing qulty 23649200 17.79

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 344.4 USD Million in India in 2019-2020 (Apr-Jan). There are total of 94 countries from where India import’s quantity of 10 Mm Steel Bars.