Top Menu

Market Research
Search India Import/Export data to understand your markets and monitor your competition.

20+ Country Market Analysis Report

Export Import Market Report


Find Sales Prospects
Instantly generate lists of potential customers based on trade activity.

Find Sales Prospects

Instantly generate lists of potential customers based on trade activity.

Request Sample Data

Evaluate Suppliers
Search for new suppliers, monitor existing ones and keep track of trends.

Access the world's largest and most comprehensive database of International trade. Whether you are looking to generate leads locally or expand your business globally, TRADE GENIUS has what your business needs.

Import and Export data from Globally, USA, UK, RUSSIA, and CHINA
Market Analysis Report
Based on Global Import Export Data
60,000,000+ SHIPMENTS
Records include product details, FOB values, HTS codes, and much more.
Monitor Competitors
Tailor a solution specific to your industry, with deep expertise in Chemicals, Transportation, and more.

Mail us:

On 19 steel products until February 4 Centre has extended MIP

Steel Products

On 19 iron and steel products until February 4th, the Centre has extended MIP (Minimum Import Price). From cheap imports, to safeguard the domestic steel industry this has been done.

The Directorate General of Foreign Trade, in a notice, told that till February 4, 2017, the applicability of MIP beyond December 4 for two months hereby extends by the Central Government.

In the range of $643-¬752 per tonne, the MIP is fixed. The 19 products including finished products of iron or non-alloyed steel, flat-rolled products of different widths, bars and rods for which MIP extension has been done.

For a period of six months in February 2016, the government had put MIP on 173 steel products to maintain the domestic steel industry from cheap imports which are below cost in rates. In the range $341 to $752 per tonne, the MIP was compulsory.

For 66 steel products, the government had extended this MIP for two months in the month of August 2016. It was further extended for two months in the month of October 2016.

To prolong MIP on some products citing that the MIP imposition on these products has brought back the steel industry to profit which was suffering from a long time, Indian steel association had requested the government.

From September 2014, due to cheap steel imports from China, Japan, and Korea, the domestic steel industry was facing stiff problems. With MIP imposition by the government from February 2016, the industry felt better and the profit margins have started improving.

Source :

Hello. Add your message here.