Steel exports from the port of Chennai have been showing a volatile trend across months from the onset of the current fiscal. On a month-on-month basis, volumes moved up 26.95% to 57,865 tons in June 2016 against 45,578 tons in May 2016, according to provisional data available with ISMW.
Total exports of the material in the first 3 months (April-June) of the current fiscal of 2016-17 thus stood at 104,282 tons against 17,337 tons seen in the same period of the previous fiscal (2015-16), up manifold year-on-year.
Total steel exports through the port in fiscal 2015-16 stood at 128,361 tons.
Following are the details of steel exports via Chennai Port in 2016-17 and 2015-16:
STEEL EXPORT, CHENNAI |
|||
Port |
Month |
QTY |
|
2016-17 |
2015-16 |
||
CHENNAI |
APR |
839 |
7,056 |
MAY |
45,578 |
3,439 |
|
JUN |
57,865 |
6,842 |
|
JUL |
4,298 |
||
AUG |
9,677 |
||
SEP |
3,343 |
||
OCT |
8,116 |
||
NOV |
17,501 |
||
DEC |
14,521 |
||
JAN |
17,116 |
||
FEB |
13,771 |
||
MAR |
22,681 |
||
CHENNAI APRIL TO JUNE TOTAL |
104,282 |
17,337 |
|
CHENNAI APRIL TO MAR TOTAL |
128,361 |
In June 2016, exports included 11,329 tons of long products, 44,168 tons of HR products, 2,075 tons of CR products amongst others. All products were sent to various countries in differing price bands.
In May 2016, exports included 3,259 tons of CR products, 23,922 tons of HR products, 17,933 tons of long products, amongst others. All products were sent to various countries in differing price bands.
Also, in June 2016, export volumes were scattered in small volumes across several countries while Bangladesh and Italy were the largest importers at 10,025 tons and 44,876 tons respectively.
The following table contains details of steel exports via Chennai in June 2016:
STEEL EXPORT, CHENNAI |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
CR PRODUCTS |
BELGIUM |
116,627 |
116,540 - 116,869 |
75 |
CHINA |
53,406 |
47,279 - 64,593 |
37 |
|
MOROCCO |
36,994 |
36,492 - 37,620 |
1,899 |
|
SRI LANKA |
32,615 |
30,617 - 36,610 |
64 |
|
CR PRODUCTS Total |
2,075 |
|||
HR PRODUCTS |
BANGLADESH |
29,277 |
29,170 - 29,694 |
10,025 |
ITALY |
30,115 |
30,091 - 30,462 |
34,141 |
|
THAILAND |
57,842 |
53,946 - 61,738 |
3 |
|
HR PRODUCTS Total |
44,168 |
|||
LONG PRODUCTS |
AUSTRALIA |
50,885 |
49,099 - 54,739 |
284 |
ITALY |
28,100 |
28,100 - 28,100 |
10,735 |
|
JAPAN |
115,830 |
110,688 - 120,972 |
2 |
|
MALDIVES |
34,527 |
34,494 - 34,561 |
105 |
|
SRI LANKA |
36,786 |
31,166 - 59,304 |
202 |
|
LONG PRODUCTS Total |
11,329 |
|||
OTHER PRODUCTS |
CHINA |
60,823 |
48,600 - 78,300 |
40 |
SRI LANKA |
69,337 |
69,337 - 69,337 |
15 |
|
OTHER PRODUCTS Total |
55 |
|||
PIPES & TUBES |
INDONESIA |
107,280 |
107,280 - 107,280 |
12 |
MALDIVES |
126,381 |
126,381 - 126,381 |
7 |
|
ROMANIA |
69,077 |
69,064 - 69,095 |
51 |
|
SRI LANKA |
37,065 |
33,358 - 39,345 |
76 |
|
UNITED KINGDOM |
341,963 |
341,963 - 341,963 |
0.13 |
|
PIPES & TUBES Total |
147 |
|||
STAINLESS STEEL PRODUCTS |
SAUDI ARABIA |
232,225 |
149,288 - 315,162 |
8 |
STAINLESS STEEL PRODUCTS Total |
8 |
|||
VALUE ADDED PRODUCTS |
VIETNAM |
72,985 |
72,985 - 72,985 |
60 |
VALUE ADDED PRODUCTS Total |
60 |
|||
WIRES & WIRE RODS |
CHINA |
73,300 |
64,149 - 79,620 |
22 |
THAILAND |
- |
- |
0.12 |
|
WIRES & WIRE RODS Total |
22 |
|||
Grand Total |
57,865 |