SUS301 has been one of important material to produce spring. Compared with other steel spring, stainless steel has not only higher heat resistant and corrosion, but also has higher limit of fatigue endurance and elasticity. So stainless steel has been recognized as most appropriate material to produce spring.

           
In recent days, in order to solve the problem of low capacity utilization rates, India decided to raise import tariff of the flat stainless steel material from 5% to 7.5%. Indian parties said, domestic steel industry faces the more serious problem of the low capacity utilIn recent days, in order to solve the problem of low capacity utilization rates, India decided to raise import tariff of the flat stainless steel material from 5% to 7.5%. Indian parties said, domestic steel industry faces the more serious problem of the low capacity utilization rates, and their aim is to provide the motivation to domestic steel industry.ization rates, and their aim is to provide the motivation to domestic steel industry.

At present, India is facing the threat of import sharp rise, especially from China. Because compared with other countries, India is lower in term of import tariffs. The average import tariff is 10% in  China, while 14% in Brazil.Benefit from the lower import tariffs, the amount of product import from these countries has been rising recently.

The amount of import stainless steel is 307.226t from 2013 to 2014 in India, while that amount only is 239.136t from 2011 to 2012. Hence the domestic manufacturers require to impose a 15% tariff, also require to remove tariff on some key materials, to ensure the competitiveness of domestic stainless steel industry in the world.
India is the world's third-biggest producer consumer of stainless steel.Related organization predict India's stainless steel consumption is expected to rise 8-9% one year to 305 million tons. 

Dongguan Yongsheng Metal Products Co., Ltd, has specialized in stainless steel constat force springs, stainless steel spiral spring, power spring developing and producing of spring for 15 year. Imported high quality material absolutely, and we are the assigned supplier of world top 500 enterprise translation, also we provide 3000 samples for free to choose. Welcome to visit our company and purchase if needed!