Guidelines to export Iron and Steel

 

Export documents require for bars and rods, hot-rolled, in irregularly wound coils, of iron, Customs procedures to export angles, shapes and sections of iron or non-alloy steel, How to export other bars and rods of iron or non-alloy steel?, Processes to export electric resistance wire, Licenses required to export crimped wire, Government rules to export electrode quality, Tips to overseas buyers of wire rope quality. Government licenses required to export acsr quality, Methods to export wire (excluding wire type lead), Export procedures to bring spring wire, Shipping procedures to export wire of stainless steel, Export tips to foreign buyers of hardened and tempered wire, Exportation of high tensile wire, How to export flat-rolled products of stainless steel, Can I export wire of iron or non-alloy steel?

How to export Iron and Steel ?

This post explains export process of Iron and Steel , government rules to export Iron and Steel , different precautions to be taken care to export Iron and Steel , export documentation to export Iron and Steel .

If you would like to export Iron and Steel , detailed general information on how to export has been mentioned in separate article. Learning export process for Iron and Steel makes easier to you if you can go through the said post.

Any importer or exporter of Iron and Steel should know HTS code (HS code) of their export product. Iron and Steel falls under HS code (HTS code)  chapter72 Click here to know 6 digit HS code of your export product. In India Iron and Steel classified under ITC code (Indian Tariff Code) chapter72 Click here to know 8 digit ITS code, if you export or import from (to) India.

Special requirements to export Iron and Steel.

Quality standard of exporting country

Test report of analysis from Laboratory

Conditions as per Hazardous Wastes management, handling and Trans boundary movement rules.

Re export of Hazardous materials

Certificate from Pollution control board

Pre shipment inspection Certificate

Port restrictions

Unilateral trade agreement, multilateral trade agreement or bilateral trade agreement between countries simplifies documentation and other formalities and process for export of Iron and Steel.

After choosing your export product as Iron and Steel and export samples are sent, terms of payment and terms of delivery are agreed with your overseas buyer along with other terms and conditions and issue proforma invoice, in turn you receive export order for Iron and Steel followed by purchase order from your overseas buyer. The terms of payment for your export contract could be advance payment, Documents against Acceptance DA, Documents against Payments DAP, or under Letter of Credit LC, and the terms of delivery for your export of Iron and Steel might be EX-Works, FOB, CFR, CIF, DAP, DDP or any other Inco terms. The finance against export can be arranged from your bank for pre shipment packing creditor post shipment finance against export orders for Iron and Steel . Insurance can be arranged against credit risk and about other risks involved in export of Iron and Steel . After quality check (QC), proper packing is arranged with Palletization or Crating if required. Type of container is decided if export shipment of Iron and Steel is on FCL basis otherwise LCL if mode of shipment of Iron and Steel is by sea. Export invoice, export packing list ,certificate of origin (GSP – Generalized System of Preference) and other documents are prepared based on the purchased order or LC to export Iron and Steel . After completion of export customs clearance either by exporter or his Customs broker, Bill of Lading or AWB is issued by carrier, if consolidator involved, HAWB or HBL is issued. The documents for export of Iron and Steel is discounted, arrange for collection or negotiated if export of Iron and Steel is on Letter of Credit basis.

Also read;
How to export your product?
How to import your product?
Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
12 Major risks and solutions in Imports and Exports
Disadvantages of Letter of credit (LC) for Exporter

 

Posts about Export Import tutorial:

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

How to obtain GSP - Certificate of Origin?

How to obtain Phyto sanitary certificate. What is phyto sanitary certification

How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

How does a Running bond work?

How does Bill of Lading work in DP payment terms?

How does Bill of Lading work in Sight LC

How does CENVAT Credit work?

Why need Certificate of Origin

Why prefer exports?

How many types of imports in India. Types of bills of Entry in India

How many types of shipping bills in export

How to add Line number in Import General Manifest in Custom in India

Import General Manifest (IGM)

Transferability of Bill of Lading

Transshipment - A redefinition

 The above post commonly answers the questions below. However, you may contact concerned authorities to collect accurate information on export of your product:

Export guidelines to foreign buyers of pig iron and spiegeleisen in pigs, blocks. How to export non-alloy pig iron? What are the procedures to export non-alloy pig iron? Export clearance formalities of cast iron, Tips to exporters of alloy pig iron; spiegeleisen. Processes to export ferro-silicon, Can I export parts of ferro-alloys, Is export of ferro-manganese permitted?, Export clearance procedures of ferro-chromium, Export documents require for ferro-silico-chromium, Customs procedures to export ferro-molybdenum, How to export ferro-nickel?, Processes to export ferro tungsten and ferro-silico-tungsten, Licenses required to export ferro-titanium and ferro-silico-titanium, Government rules to export ferro-vanadium, Tips to overseas buyers of ferro-niobium. Government licenses required to export ferro-phosphorus, Methods to export ferro-selenium, Export procedures to bring ferro-cobalt, Shipping procedures to export ferro-zirconium, Export tips to foreign buyers of ferro-columbium, Exportation of ferro-tantalum, How to export ferro-silico-zirconium, Can I export ferro-silico-magnesium? Guidelines to exporters of ferro-boron. Formalities to export charge-chrome, Shipping procedures required to export ferrous products, How to ship waste and scrap of cast iron? Guidelines to overseas buyers of ferrous waste and scrap; remelting scrap ingots. Export guidelines to foreign buyers of empty or discharged cartridges of all bores and sizes. How to export granules? What are the procedures to export waste and scrap of tinned iron or steel? Export clearance formalities of shot and angular grit, Tips to exporters of wire pellets. Processes to export powders of alloy steel, Can I export parts of powders of iron, Is export of ingots permitted?, Export clearance procedures of ingots of iron, Export documents require for ingots of high carbon steel, Customs procedures to export puddled bars and pilings, How to export blocks, lumps and similar forms

Export guidelines to foreign buyers of semi-finished products of iron. How to export products of iron electrical quality? What are the procedures to export products of iron forging quality? Export clearance formalities of products of iron seamless steel tube quality, Tips to exporters of products of iron plates. Processes to export products of iron universal plates, Can I export parts of products of iron sheets, Is export of flat-rolled products of iron or non-alloy steel permitted?, Export clearance procedures of electrolytically plated or coated with zinc, Export documents require for bars and rods, hot-rolled, in irregularly wound coils, of iron, Customs procedures to export angles, shapes and sections of iron or non-alloy steel, How to export other bars and rods of iron or non-alloy steel?, Processes to export electric resistance wire, Licenses required to export crimped wire, Government rules to export electrode quality, Tips to overseas buyers of wire rope quality. Government licenses required to export acsr quality, Methods to export wire (excluding wire type lead), Export procedures to bring spring wire, Shipping procedures to export wire of stainless steel, Export tips to foreign buyers of hardened and tempered wire, Exportation of high tensile wire, How to export flat-rolled products of stainless steel, Can I export wire of iron or non-alloy steel?


Comments


Chhabra ispat : We are ms billets manufacturing company based in west bengal. we have a query regarding slag arising out of melting in induction furnaces in iron and steel sector.We would like to know if we sell the slag in as in where basis say at 4000/- per mt do we have to add excise duty or not? Please let us know if any other information is required.

sandeep tyagi : I am working in a Steel Export company and i want some guide line from your Side. how could i get the good knowledge about import & export if i should read books so which is...?

krishna kumar : I got opportunity from my friends circle that to handle exporting steel from India to other countries. Since it is manufacturing company of steel. The issue is that I don't have knowledge in export even basic knowledge. I am requesting your help to learn about export particularly Steel.

Amith Mutha : I saw your website while surfing, it's really worth it.I have a query regarding PSIC for Iron scrap.

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