{"id":1795,"date":"2017-10-25T05:28:06","date_gmt":"2017-10-25T05:28:06","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1795"},"modified":"2017-10-25T05:57:30","modified_gmt":"2017-10-25T05:57:30","slug":"indian-steel-exports-likely-to-cross-14-mnt-in-cy17","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/indian-steel-exports-likely-to-cross-14-mnt-in-cy17\/","title":{"rendered":"Indian Steel Exports Likely to Cross 14 MnT in CY17"},"content":{"rendered":"<p style=\"text-align: justify;\">According to customs data maintained with SteelMint, Indian steel exports (including semi-finished and finished steel) is anticipated to cross 14 MnT in CY17. Nation may witness the drastic growth of around 80% Y-o-Y basis as exports were recorded at 7.88 MnT in CY16. It is expected that Indian steel exports are likely to jump two fold in CY17.<\/p>\n<p style=\"text-align: justify;\">So far in CY17 (till Jul\u201917), India has exported 8.43 MnT steel out of which 5.91 MnT was flat steel, 0.39 MnT was long steel and 2.13 MnT was semi finished steel.<\/p>\n<p style=\"text-align: justify;\">It is anticipated that by the year end Indian flat steel exports will be around 10 MnT, long steel exports around 0.7 MnT and semi finished steel exports around 3.70 MnT. Indian billet exports are likely to cross 2 MnT in 2017, according to SteelMint Research. India has exported about 1.8 MnT of billet in first 9 months of 2017. Nepal being the largest importer of Indian billet with 45% share.<\/p>\n<p style=\"text-align: justify;\">Falling export volumes from China, high global prices and bullish sentiments have driven up Indian export market.<br \/>\nIndian Flat steel Exports Surged 95% Y-o-Y in Jul\u201917-India\u2019s flat steel exports rose significantly by whopping 95% in Jul\u201917 and stood at 0.78 MnT against 0.4 MnT inJul\u201916. Compared to Jun\u201917, Indian flat steel exports recorded an increase of 44%.<\/p>\n<p style=\"text-align: justify;\">However in the span of first seven months of 2017 ( Jan-Jul \u201817) country has exported 5.91 MnT of flat steel registering a three fold jump in contrast to 2.07 MnT in consecutive time frame of previous year.<br \/>\nVietnam has by far remained the largest importer of Indian flat steel in CY17 and accounted for 16.12% (0.95 MnT) of share in the first seven months of CY17. Other major importers were &#8211; Italy, Belgium and UAE.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1796 aligncenter\" src=\"http:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/10\/1.png\" alt=\"\" width=\"542\" height=\"291\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to customs data maintained with SteelMint, Indian steel exports (including semi-finished and finished steel) is anticipated to cross 14 MnT in CY17. Nation may witness the drastic growth of around 80% Y-o-Y basis as exports were recorded at 7.88 MnT in CY16. It is expected that Indian steel exports are likely to jump two [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,65,45,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indian Steel Exports Likely to Cross 14 MnT in CY17 - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/indian-steel-exports-likely-to-cross-14-mnt-in-cy17\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Steel Exports Likely to Cross 14 MnT in CY17 - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"According to customs data maintained with SteelMint, Indian steel exports (including semi-finished and finished steel) is anticipated to cross 14 MnT in CY17. Nation may witness the drastic growth of around 80% Y-o-Y basis as exports were recorded at 7.88 MnT in CY16. 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He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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