FEATURE
August steel import value tracked by SIMS touches highest since March
Sumit Maitra
V
alue of steel imports tracked by government’s Steel Import Monitoring System has jumped 10 percent to $822 in August from $746 m in July, a growth of 10.11 percent in dollar terms. June imports were even lower at $629 m. The consistent rise in imports is happening at a time when the government is focusing aggressively on import replacement through indigenous production.
26 Steel Insights, October 2020
Month on month registrations ($M)
