India imports 7.83 MT finished steel in FY19, says Dharmendra Pradhan

The country's finished steel imports rose 4.7 percent to 7.83 million tonne (MT) in 2018-19, Parliament was informed on July 8.

The country had imported 7.48 MT of finished steel in 2017-18.

In 2018-19, finished steel import stood at 7.83 MT, an increase of 4.7 percent in comparison to 2017-18, Steel Minister Dharmendra Pradhan said in a written reply to the Lok Sabha.

Stainless steel, flat products such as hot-rolled and cold-rolled coils, galvanised plain- or galvanised corrugated-coated and electrical sheets are the major categories that are being imported from other countries, he told the House.