Pig iron imports from the port of Chennai catapulted by more than 221% to 212 tons in February 2016 albeit on a low base of a mere 66 tons in January 2016, according to provisional data available with ISMW.
February 2016 imports comprised 158 tons from South Africa in a band of Rs 29,089 – Rs 31,984 ($425 -467) per ton while 54 ton came in from Brazil at a price band of Rs 30,281 – Rs 32,631 ($442-477).
In January 2016, all the volumes arrived from South Africa in a band of Rs 31,984 – Rs 32,724 ($468-485) per ton.
The following table contains details of pig iron imports via Chennai Port in February 2016:
PIG IRON IMPORT, CHENNAI |
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Country Of Origin |
Date |
Item Description |
Unit Price (in Rs./Ton) |
Unit Price (in $/Ton) |
Quantity (in Tons) |
BRAZIL |
8-Feb-16 |
NODULAR PIG IRON LOW'P' |
32,631 |
477 |
27 |
TTI PIG IRON 901 |
30,281 |
442 |
27 |
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BRAZIL Total |
54 |
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SOUTH AFRICA |
9-Feb-16 |
SOREL METAL GRADE RF-10 (PIG IRON) |
29,089 |
425 |
40 |
31,984 |
467 |
10 |
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10-Feb-16 |
SOREL METAL GRADE RF-10 (PIG IRON) |
29,114 |
425 |
80 |
|
22-Feb-16 |
SOREL METAL GRADE RF-10 (PIG IRON) |
31,984 |
464 |
18 |
|
26-Feb-16 |
SOREL METAL GRADE RF-10 (PIG IRON) |
29,089 |
422 |
10 |
|
SOUTH AFRICA Total |
158 |
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Grand Total |
212 |