India's steel market situation 3

1.Cost of steel making in India
The costs of Indian steel timber product are lower than that of China because they own their own mining and has a advantage of low cost. However,their yield of steel strips and steel pipes are much lower than China.If they can own the advanced stainless steel pipe making machinery,their yield of stainless steel pipe will be improved greatly.Seko’s stainless steel pipe making machinery are recommended.
2.The analysis of Indian export situation in the future
As India is in great demand for steel,its demand for steel exceed supply, it can only rely on import steel to satisfy its need.It has become a net importer of steel completely.Although this situation has been improved since 2010,many steel manufacturers rush to invest steel hot rolled coil nearly in the same period.This is easy to lead to excess production capacity in the future,and the Middle East and southeast Asia will become its export market.
Generally speaking,India’s rapid development and poor infrastructure make it in great demand for steel.It can only rely on import steel to satisfy its need currently.However,it is expected that India is likely to export to Middle East and southeast Asia market in the future if it meet its domestic demand because its domestic steel production capacity is expanding gradually.However,it is not easy for India’s steel to enter into the Middle East and southeast Asia market as they have regular suppliers.Besides,many political and economic factors affect this districts’ demand for steel as well.
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