The China securities network - (reporter RuanXiaoQin) when China's economic growth is slowing, population like China as much as in the Chinese steel industry. However, India has pushed up steel import barriers. The Indian government recently decided to raise import tariffs on steel 2.5% and strengthening of steel quality control. According to the regulations of the ministry of the steel, all imported steel need to meet the performance requirements of India's bureau (BIS).

The personage inside course of study thinks, this to robust exports of iron and steel enterprises in China has brought challenges.

"Area" gave rise to the Indian business opportunities

China is the world's steel production country. Half the global iron and steel production from China. However, since 2011, China's GDP growth is slowing, GDP growth of 7.4% in 2014, a 24 year low. In the first quarter of 2015 was 7.0%, down 0.3% month-on-month.

Under the background of the economic slowdown, China's steel serious excess capacity, steel prices fell sharply, China's steel prices with the international steel price advantage between appeared, in 2014 China's steel exports in great quantities, annual steel exports year-on-year growth of nearly 50%; Total about 10% of the crude steel production, and in previous years, the number but 2-3%.

India's GDP growth is expected to more than China. According to the world bank's latest world economic outlook, according to India's GDP growth will accelerate to 7.4% in 2015 and 7.8% next year, to 8.0% in 2017, by contrast, China's economic growth of 7.1% this year, slowing to 7.0% in 2016, has dropped to 6.9% in 2017. "India is the world's fastest-growing large economy, the next two years, India is China's growth will expand lead." The world bank report says further.

But India's steel industry is relatively backward. According to the joint factory committee (states JPC) data, India's steel consumption in April 5.5 million tons; Steel demand rose 7.1%. During India's steel output reached 7.3 million tons, up 0.5% year-on-year.

The disparity between China and India steel industry. In 2013, China's steel production 2013 tons, the Indian steel consumption of 110 million tons. Beginning in 2011, China's steel surplus seriously, and Indian steel imports.

India's major ore suppliers HLN goa head harry professional has revealed that Indian steel gap was 0.3 in 2013-2013 tons, special steel, silicon steel, rail with steel all is missing. And a large Chinese steel mills have told the Shanghai newspaper reporter, China's special steel, electrical steel capital surplus.

2014 ~ 2015), China is India's largest supplier of steel, 36% of India's imports. In April, India from China steel imports rose 62% year-on-year, to 190000 tons.

In terms of exports in April, the year China's exports to India steel total of about 2.3 million tons, 800 million tons of steel in China in the total. India market potential, however, can't remain. Many people believe that India needs will determine the next round of the commodities boom.

India raise import tariffs

India is in China, Japan and South Korea before the three steel supplier. India raised steel tariffs, the impact of Japan, South Korea and China who is bigger?

Japan and South Korea in tariffs for India's steel exports have certain advantages. In 2009, South Korea and India signed the comprehensive economic partnership agreement (CEPA), after South Korea steel export tariffs dropped steadily, to India in 2017 will drop to zero. CEPA signed in 2010, Japan and India under the agreement, India will cancel 90% including steel tariffs on goods imported from Japan. China and India have not signed the comprehensive economic partnership agreement, China's exports to India's steel need to pay the 7.5% tariff. Obviously Japan and South Korea for India's steel exports have advantage than China.

However, export prices, China's export prices low in Japan and South Korea. Even considering tariffs by 2.5% costs only $10 / ton or so, China's steel prices than Japan and South Korea still has advantages. Mysteel.com international analyst mann thinks, taking into account all these factors, India raised steel tariffs on Chinese steel exports actually affect the China securities network news (reporter RuanXiaoQin) when China's economic growth is slowing, population like China as much as in the Chinese steel industry. However, India has pushed up steel import barriers. The Indian government recently decided to raise import tariffs on steel 2.5% and strengthening of steel quality control. According to the regulations of the ministry of the steel, all imported steel need to meet the performance requirements of India's bureau (BIS).

The personage inside course of study thinks, this to robust exports of iron and steel enterprises in China has brought challenges.

"Area" gave rise to the Indian business opportunities

China is the world's steel production country. Half the global iron and steel production from China. However, since 2011, China's GDP growth is slowing, GDP growth of 7.4% in 2014, a 24 year low. In the first quarter of 2015 was 7.0%, down 0.3% month-on-month.

Under the background of the economic slowdown, China's steel serious excess capacity, steel prices fell sharply, China's steel prices with the international steel price advantage between appeared, in 2014 China's steel exports in great quantities, annual steel exports year-on-year growth of nearly 50%; Total about 10% of the crude steel production, and in previous years, the number but 2-3%.

India's GDP growth is expected to more than China. According to the world bank's latest world economic outlook, according to India's GDP growth will accelerate to 7.4% in 2015 and 7.8% next year, to 8.0% in 2017, by contrast, China's economic growth of 7.1% this year, slowing to 7.0% in 2016, has dropped to 6.9% in 2017. "India is the world's fastest-growing large economy, the next two years, India is China's growth will expand lead." The world bank report says further.

But India's steel industry is relatively backward. According to the joint factory committee (states JPC) data, India's steel consumption in April 5.5 million tons; Steel demand rose 7.1%. During India's steel output reached 7.3 million tons, up 0.5% year-on-year.

The disparity between China and India steel industry. In 2013, China's steel production 2013 tons, the Indian steel consumption of 110 million tons. Beginning in 2011, China's steel surplus seriously, and Indian steel imports.

India's major ore suppliers HLN goa head harry professional has revealed that Indian steel gap was 0.3 in 2013-2013 tons, special steel, silicon steel, rail with steel all is missing. And a large Chinese steel mills have told the Shanghai newspaper reporter, China's special steel, electrical steel capital surplus.

2014 ~ 2015), China is India's largest supplier of steel, 36% of India's imports. In April, India from China steel imports rose 62% year-on-year, to 190000 tons.

In terms of exports in April, the year China's exports to India steel total of about 2.3 million tons, 800 million tons of steel in China in the total. India market potential, however, can't remain. Many people believe that India needs will determine the next round of the commodities boom.

India raise import tariffs

India is in China, Japan and South Korea before the three steel supplier. India raised steel tariffs, the impact of Japan, South Korea and China who is bigger?

Japan and South Korea in tariffs for India's steel exports have certain advantages. In 2009, South Korea and India signed the comprehensive economic partnership agreement (CEPA), after South Korea steel export tariffs dropped steadily, to India in 2017 will drop to zero. CEPA signed in 2010, Japan and India under the agreement, India will cancel 90% including steel tariffs on goods imported from Japan. China and India have not signed the comprehensive economic partnership agreement, China's exports to India's steel need to pay the 7.5% tariff. Obviously Japan and South Korea for India's steel exports have advantage than China.

However, export prices, China's export prices low in Japan and South Korea. Even considering tariffs by 2.5% costs only $10 / ton or so, China's steel prices than Japan and South Korea still has advantages. Mysteel.com international analyst mann thinks, taking into account all these factors, India raised steel tariffs on Chinese steel exports practical impact may be limited.

However, India raised steel tariffs and strict quality control, China's steel exports India will face a bigger challenge.

May be limited.

However, India raised steel tariffs and strict quality control, China's steel exports India will face a bigger challenge.