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Steel Import From India — Complete Guide
Pricing, MOQ, documents, MTC and payment terms — direct answers for international steel buyers sourcing from India.
Steel price per ton India FOB
FOB prices are quoted per metric ton ex-Indian port (Mundra, Nhava Sheva, Kolkata). Price moves daily with global scrap/HRC indices, INR/USD rate, grade and quantity. Always request written quote with validity date, Incoterm and payment terms before proforma invoice.
MOQ for steel export from India
Typical MOQ: 25 MT or one 20ft container for most long products and flats. Ferro alloys and scrap may differ. Verified exporters confirm MOQ per grade on RFQ — smaller trial orders may attract premium per MT.
Documents required to import steel from India
Standard set: commercial invoice, packing list, bill of lading, certificate of origin, mill test certificate (MTC). L/C shipments add bank-compliant documents. Destination-specific certificates (e.g. SASO) apply for some GCC imports.
What is MTC (Mill Test Certificate) in steel?
MTC is the manufacturer's test report for a heat/batch — chemical composition, mechanical properties, dimensions. It must match invoice and physical material. Supply Network verification includes MTC review where stock is accessible on-ground.
LC vs advance payment for steel import
Letter of Credit (L/C) protects buyer if documents don't match — common for Africa and Bangladesh. Advance/T/T is faster but higher fraud risk with unknown suppliers. Independent verification before any payment is strongly recommended for first orders.
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