Press

India's Iron Ore Imports Plunge 99.4% In October 2019


India's Iron Ore Imports Plunge 99.4% In October This Year

Indian Ministry of Industry and Commerce released preliminary data showing that in October 2019, due to weak domestic steel demand and a surge in iron ore import prices, India 's iron ore imports fell by 99.4% to 6,300 tons, compared with the same period last year. The import volume was 11.261 million tons.

In October, India's iron ore imports were US $ 980,000, a 99% drop from US $ 98.48 million in the same period last year. Based on this, its average import price was estimated to be US $ 155.6 / ton, which was an increase from US $ 87.5 / ton in the same period last year. 77.9%.

In the month, India imported 6,290 tons of non-sintered iron ore, a year-on-year decrease of 99.3%; the import value was US $ 970,000, a 98.7% year-on-year decrease; based on this, its average import price was estimated to be US $ 154.2 / ton, a 101% year-on-year increase. Imported 10 tons of sintered iron ore, a year-on-year decrease of 100%; the import value was US $ 10,000, a 100% year-on-year decrease; based on this, the average import price was estimated to be US $ 1,000 / ton, a year-on-year increase of 555.2%.

From January to October, India imported 1.972 million tons of iron ore, a year-on-year decrease of 85.1%; the import value was US $ 176 million, a year-on-year decrease of 78.9%; based on this, its average import price was estimated at US $ 89.4 / ton, an increase of 41.5% year-on-year.


Posted by stainless steel tubing supplier and stainless steel pipe supplier KAYSUNS.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://kaysuns.com/news/indias-iron-ore-imports-p...

IndiaOre Importsironstainless steel

More items from cnwellgreen


Alkaline & Acid Corrosion Resistance Of 2205 Stainless Steel Pipe

In order to illustrate the Acid corrosion resistance of 2205 stainless steel in strong acid solutions, Figure 1 shows the corrosion data of sulfuric acid solution. Figure 1 The medium conditions range from a weakly reducing environment with low acid concentration to a high-concentrati ...

roger chen - kaysuns industry limited


Posted 3 days agoPress > 2205 Stainless Steel PipeAcid Corrosion ResistanceSandvik

What Are The Main Factors Affecting The Chemical Heat Treatment Of Duplex 2507

The chemical heat treatment of Duplex 2507 stainless steel   Duplex 2507, one of famous stainless steel matrials used in Petrochemical field. Chemical heat treatment of Duplex 2507 is mainly the formation of active atoms: the active atoms are absorbed by the metal surface and the active at ...

roger chen - kaysuns industry limited


Posted 1 month agoPress > Duplex 2507Petrochemical Industry

JISCO's Duplex Steel of Petroleum Makes Another Great Achievement: Enters The High-end Field

A few days ago, along with the successful downhole operation of corrosion-resistant alloy coiled 2205 stainless steel pipes in the Changqing Oilfield of China National Petroleum Corporation, it marked the entry of JISCO 2205 duplex steel of petroleum into the high-end field. Corrosion is a ...

roger chen - kaysuns industry limited


Posted 1 month agoPress > duplex steelJISCOPetroleum tubing

90 Years Of Development History Of Duplex Stainless Steel

2020 is the 90th anniversary history of duplex stainless steel Avesta Ironworks in 1930, located in Avesta, Sweden 1930s to 1970s In the early 1900s history of duplex stainless steel, the earliest stainless steels were pure austenite, ferrite or martensite. In 1930, Sweden's A ...

roger chen - kaysuns industry limited


Posted 2 months agoPress > duplex stainless steelDevelopment History

Tsingtuo Group's Bar and Wire Project Will Be Put Into Operation In September 2021

Tsingtuo Group's Stainless Steel Bar and Wire Project Will Be Put Into Operation In September 2021 Recently, the Fujian Provincial Development and Reform Commission issued the review opinions on the energy-saving review of the stainless steel bar and wire processing project of Fujian Tsingtu ...

roger chen - kaysuns industry limited


Posted 2 months agoPress > Stainless Steel BarTsingtuo GroupTsingshan Group
All posts from cnwellgreen