India’s steel imports fell 3.1% in January 2016 to 913,000 tons from 942,000 tons in December 2015, latest provisional steel ministry data showed.
In January 2015, steel imports stood at 1 million ton. This shows steel imports decreased 9% year-on-year.
In April-January 2015-16, steel imports rose 24.1% to 9.30 million tons, up from 7.49 million tons in the same period last year.