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In a report in the Indian Business Standard, Dilip Jha writes that, up until the last financial year, total imports of stainless steel from all countries was 100kt. However, total imports from China alone have gone up to 250kt during H1 2014.
According to N C Mathur, president of the ISSDA, imported stainless steel now accounts for around 40% of India''s consumption and China''s share stands at 25%.
Jindal Stainless plants in Odisha and Hisar are operating at 30% and 70% capacity respectively and SAIL (Steel Authority of India Ltd) has invested heavily in capacity additions.
Mathur called for protection in terms of anti-dumping duties.
India is the third largest producer and second largest consumer of stainless steel.
彈簧展-2015第十六屆廣州國際彈簧工業(yè)展覽會(huì)-全球最大彈簧展會(huì)-巨浪展覽-The 16th China(Guangzhou)Int’l
Spring Industry Exhibition
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