South Korea is the largest exporter of steel products to India

Q.  South Korea has overtaken China as the largest exporter of which products to India in Q1, 2016-2017?
- Published on 04 Aug 16

a. Steel
b. Ceramic
c. Aluminium
d. Jute

ANSWER: Steel
 
South Korea has overtaken China as the largest exporter of steel products to India in the first quarter of 2016-2017.
  • South Korea exported 5.11 lakh tonnes of steel to India, marginally higher than that exported by China at 5.10 LT during the April-June quarter in 2016-2017.
  • China was followed by Japan at 3 LT and Russia at 1.70 LT during the April-June quarter in 2016-2017.
  • Together, these four countries accounted for more than three-fourth of the steel.

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