How to
Import 12 Mm Steel Bar to India

Are you here to know how you can import 12 Mm Steel Bar to India? Well, Connect2India gives you the complete understanding about how to import 12 Mm Steel Bar to India, from where to import 12 Mm Steel Bar, at what price 12 Mm Steel Bar should be imported and also the best 12 Mm Steel Bar exporters in the world.

12 Mm Steel Bar

Summary for the Indian 12 Mm Steel Bar import

In FY 2019-2020 (Apr-Jan), Around 91.76 USD million of 12 Mm Steel Bar is imported from India to China. It is around 26.64% of the total import of 12 Mm Steel Bar.

  • The value of 12 Mm Steel Bar import from India in January 2020 is 26.99 USD million .
  • Major countries where 12 Mm Steel Bar 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 12 Mm Steel Bar to India

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There are 94 distinct countries to import 12 Mm Steel Bar into India. Collectively India imported 344.4 USD Million of 12 Mm Steel Bar from those 94 countries in 2019-2020 (Apr-Jan) and USD Million in 2018, which is up by 45.22% than the 12 Mm Steel Bar imported into India the previous year. In 2017, countries exported around quantity of 12 Mm Steel Bar to India while in 2018, India’s 12 Mm Steel Bar import accounts to quantity from countries. This shows the rise of �% 12 Mm Steel Bar import in terms of quantity imported.

To import 12 Mm Steel Bar 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 12 Mm Steel Bar to India.

Overall the import of 12 Mm Steel Bar into India fall of -27.25% since 2014 when 12 Mm Steel Bar import shipments into India were valued at 744.49 USD Million. Year over year, the value of 12 Mm Steel Bar 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 12 Mm Steel Bar 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 12 Mm Steel Bar imports are AMERI SAMOA,CHRISTMAS IS. and Lao People Dem. Rep.

As an importer of 12 Mm Steel Bar, you should know the HS CODE of products at first.

Some HS Codes corresponding to 12 Mm Steel Bar are

S.No Product H.S Code
Hot rolled bar, rod of iron steel, in irregular coils 7213
Hot rolled bar rod grooved iron or non alloy steel in irregular coils 721310
Iron steel bar, only forged hot rolled drawn, extrude 7214
Bar rod, iron or non alloy steel, forged 721410
Bar rod, iron or non alloy steel, indented or twisted, nes 721420
Bar rod, iron or non alloy steel, of free cutting steel, nes 721430
Bar and rod of iron or non alloy steel nes 7215
Bar rod, cold formed finished free cutting steel 721510
Bar or rod of stainless steel, hot rolled, coiled 7221
Bar, rod nes, stainless steel, angles, shapes section 7222

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

Top Global Markets for import 12 Mm Steel Bar to India in 2019-2020 (Apr-Jan)

S.NO. Country Quantity of import import value of 12 Mm Steel Bar
import 12 Mm Steel Bar to India from China 70793520 91.76
import 12 Mm Steel Bar to India from Rep. of Korea 58878640 68.0
import 12 Mm Steel Bar to India from Japan 10841080 39.32
import 12 Mm Steel Bar to India from Germany 6550129 26.6
import 12 Mm Steel Bar to India from TAIWAN 6807040 17.12
import 12 Mm Steel Bar to India from USA 4266580 14.75
import 12 Mm Steel Bar to India from France 3245910 11.29
import 12 Mm Steel Bar to India from Italy 3195780 8.42
import 12 Mm Steel Bar to India from China, Hong Kong SAR 1396190 7.08
import 12 Mm Steel Bar to India from Netherlands 2410290 6.75

Product wise trends to Import 12 Mm Steel Bar to India in 2019-2020 (Apr-Jan)

S.NO. Code Name Quantity of import import value of 12 Mm Steel Bar
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 Of High Speed Steel under HS CODE 72042920

HS Code 72042920
Description Of High Speed Steel
Customs Duty (%) 15%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 35.7%
Import Policy

Import Duty for Waste And Scrap Of Tinned Iron Or Steel under HS CODE 72043000

HS Code 72043000
Description Waste And Scrap Of Tinned Iron Or Steel
Customs Duty (%) 15%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 35.7%
Import Policy

Import Duty for Of Alloy Steel under HS CODE 72052100

HS Code 72052100
Description Of Alloy Steel
Customs Duty (%) 15%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 35.7%
Import Policy

Import Duty for Of High Carbon Steel under HS CODE 72061020

HS Code 72061020
Description Of High Carbon Steel
Customs Duty (%) 15%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 35.7%
Import Policy

Import Duty for Seamless Steel Tube Quality under HS CODE 72071130

HS Code 72071130
Description Seamless Steel Tube Quality
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 12 Mm Steel Bar to India?

China, Rep. of Korea, Japan, Germany, TAIWAN are the major exporters of 12 Mm Steel Bar to India.

Describe 12 Mm Steel Bar import industry in India?

12 Mm Steel Bar 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 12 Mm Steel Bar.