Steel exports from the port of Chennai have been showing a very volatile trend across months from the onset of the current fiscal. On a month-on-month basis, in December 2015, exports were at 14,521 tons against 17,501 tons in November, down 17.02% month-on-month, according to provisional data available with ISMW.
Consequently, with the December figures, total steel exports through the port in the first nine months of the current fiscal of 2015-16 stood at 74,792 tons against a far heftier 550,265 tons seen in the same period of the previous year.
Total steel exports through the port in financial year 2014-15 stood at 697,943 tons.
Exports of the commodity stood at a more voluminous 68,858 tons in December 2014.
Following are the details of steel exports via Chennai Port in 2015-16 and 2014-15:
STEEL EXPORT, CHENNAI |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
CHENNAI |
APR |
7,056 |
46,237 |
MAY |
3,439 |
82,873 |
|
JUN |
6,842 |
75,802 |
|
JUL |
4,298 |
44,360 |
|
AUG |
9,677 |
99,577 |
|
SEP |
3,343 |
56,698 |
|
OCT |
8,116 |
50,017 |
|
NOV |
17,501 |
25,844 |
|
DEC |
14,521 |
68,858 |
|
JAN |
63,729 |
||
FEB |
47,643 |
||
MAR |
36,305 |
||
CHENNAI APRIL TO DECEMBER TOTAL |
74,792 |
550,265 |
|
CHENNAI APRIL TO MAR TOTAL |
697,943 |
The following table contains details of steel exports via Chennai in December 2015:
STEEL EXPORT, CHENNAI |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
CR PRODUCTS |
DENMARK |
29,250 |
27,539 - 31,434 |
121 |
SRI LANKA |
36,669 |
36,669 - 36,669 |
37 |
|
SWITZERLAND |
133,495 |
129,982 - 137,008 |
10 |
|
VIETNAM |
26,699 |
26,699 - 26,699 |
295 |
|
CR PRODUCTS Total |
463 |
|||
HR PRODUCTS |
JAPAN |
57,306 |
56,313 - 58,300 |
1 |
SRI LANKA |
23,607 |
22,506 - 29,380 |
2,386 |
|
THAILAND |
56,270 |
56,270 - 56,270 |
0.19 |
|
HR PRODUCTS Total |
2,387 |
|||
LONG PRODUCTS |
INDONESIA |
146,861 |
146,767 - 147,051 |
11 |
ITALY |
27,807 |
27,807 - 27,807 |
10,299 |
|
JAPAN |
37,988 |
37,988 - 37,988 |
0.10 |
|
PHILIPPINES |
39,678 |
39,678 - 39,678 |
63 |
|
SRI LANKA |
33,948 |
30,504 - 37,393 |
83 |
|
UNITED ARAB EMIRATES |
31,928 |
31,928 - 31,929 |
52 |
|
LONG PRODUCTS Total |
10,508 |
|||
OTHER FLAT PRODUCTS |
SAUDI ARABIA |
397,200 |
397,200 - 397,200 |
0.21 |
OTHER FLAT PRODUCTS Total |
0.21 |
|||
OTHER PRODUCTS |
PHILIPPINES |
39,678 |
39,678 - 39,678 |
3 |
SOUTH KOREA |
133,863 |
117,223 - 160,449 |
11 |
|
UNITED ARAB EMIRATES |
126,874 |
126,535 - 127,212 |
26 |
|
UNITED STATES |
- |
- |
0.00 |
|
OTHER PRODUCTS Total |
39 |
|||
PIPES & TUBES |
AUSTRALIA |
73,821 |
0 - 383,169 |
106 |
INDONESIA |
110,487 |
106,999 - 113,959 |
46 |
|
IRAN |
- |
- |
43 |
|
MALAYSIA |
112,123 |
94,257 - 131,949 |
30 |
|
NIGERIA |
105,363 |
105,363 - 105,363 |
41 |
|
OMAN |
127,078 |
72,952 - 191,439 |
8 |
|
SRI LANKA |
32,272 |
30,078 - 39,379 |
461 |
|
THAILAND |
83,252 |
83,252 - 83,252 |
19 |
|
PIPES & TUBES Total |
754 |
|||
PLATES & SLABS |
SOUTH KOREA |
136,203 |
131,898 - 140,509 |
23 |
PLATES & SLABS Total |
23 |
|||
STAINLESS STEEL PRODUCTS |
BELGIUM |
135,032 |
118,215 - 149,009 |
113 |
SRI LANKA |
122,488 |
122,488 - 122,488 |
24 |
|
STAINLESS STEEL PRODUCTS Total |
137 |
|||
VALUE ADDED PRODUCTS |
SOUTH KOREA |
- |
- |
0.12 |
VALUE ADDED PRODUCTS Total |
0.12 |
|||
WIRES & WIRE RODS |
INDONESIA |
146,861 |
146,766 - 147,050 |
3 |
TAIWAN |
20,985 |
20,985 - 20,985 |
205 |
|
WIRES & WIRE RODS Total |
208 |
|||
Grand Total |
14,521 |
In December 2015, exports included 463 tons of CR products, 2,387 tons of HR products, 10,508 tons of long products amongst others. All products were sent to various countries in differing price bands.
In November 2015, exports included 1,003 tons of CR products, 629 tons of pipes and tubes, 15,435 tons of long products amongst others. All products were sent to various countries in differing price bands.
Also, in the month of December, exports mainly comprised 10,299 tons of long products to Italy, 2,992 tons of various products to Sri Lanka, amongst others.
ISMW