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, in February 2016, exports were at 13,771 tons against 17,116 tons in January 2016, down 19.54% month-on-month, according to provisional data available with ISMW.
Consequently, with the February figures, total steel exports through the port in the first 11 months of the current fiscal of 2015-16 stood at 105,680 tons against a far heftier 661,638 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 47,643 tons in February 2015.
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 |
17,116 |
63,729 |
|
FEB |
13,771 |
47,643 |
|
MAR |
36,305 |
||
CHENNAI APRIL TO FEBRUARY TOTAL |
105,680 |
661,638 |
|
CHENNAI APRIL TO MAR TOTAL |
697,943 |
The following table contains details of steel exports via Chennai in February 2016:
STEEL EXPORT, CHENNAI |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
CR PRODUCTS |
BELGIUM |
125,973 |
121,597 - 131,723 |
414 |
OMAN |
25,259 |
25,259 - 25,259 |
391 |
|
POLAND |
28,796 |
28,796 - 28,796 |
22 |
|
SPAIN |
128,269 |
126,012 - 130,525 |
91 |
|
SRI LANKA |
35,119 |
31,318 - 46,524 |
48 |
|
UNITED ARAB EMIRATES |
25,632 |
25,632 - 25,632 |
334 |
|
VIETNAM |
27,364 |
27,364 - 27,364 |
20 |
|
CR PRODUCTS Total |
1,321 |
|||
HR PRODUCTS |
SRI LANKA |
25,069 |
21,580 - 28,207 |
1,083 |
HR PRODUCTS Total |
1,083 |
|||
LONG PRODUCTS |
AUSTRALIA |
52,283 |
52,283 - 52,283 |
79 |
BANGLADESH |
70,480 |
70,480 - 70,480 |
24 |
|
ITALY |
28,275 |
28,275 - 28,275 |
10,299 |
|
MADAGASCAR |
29,197 |
29,197 - 29,197 |
4 |
|
MALDIVES |
37,416 |
34,241 - 43,136 |
82 |
|
SRI LANKA |
37,628 |
29,175 - 59,563 |
116 |
|
LONG PRODUCTS Total |
10,604 |
|||
OTHER PRODUCTS |
IRELAND |
54,385 |
54,385 - 54,385 |
26 |
SRI LANKA |
92,828 |
71,020 - 136,445 |
32 |
|
UNITED KINGDOM |
54,344 |
54,344 - 54,344 |
25 |
|
OTHER PRODUCTS Total |
83 |
|||
PIPES & TUBES |
AUSTRALIA |
39,905 |
38,098 - 43,353 |
43 |
CHINA |
98,721 |
93,331 - 104,111 |
3 |
|
INDONESIA |
107,495 |
79,087 - 117,196 |
110 |
|
MADAGASCAR |
25,802 |
25,802 - 25,802 |
3 |
|
MALAYSIA |
109,420 |
91,177 - 130,172 |
51 |
|
PAPUA NEW GUINEA |
42,302 |
42,098 - 42,913 |
4 |
|
SEYCHELLES |
52,804 |
52,804 - 52,804 |
0 |
|
SRI LANKA |
37,839 |
31,145 - 47,616 |
120 |
|
THAILAND |
47,500 |
44,000 - 51,000 |
1 |
|
UNITED ARAB EMIRATES |
206,694 |
206,694 - 206,694 |
0 |
|
UNITED STATES |
88,792 |
74,589 - 96,018 |
23 |
|
PIPES & TUBES Total |
357 |
|||
PLATES & SLABS |
SOUTH KOREA |
117,076 |
117,076 - 117,076 |
14 |
PLATES & SLABS Total |
14 |
|||
STAINLESS STEEL PRODUCTS |
KUWAIT |
221,652 |
221,652 - 221,652 |
5 |
STAINLESS STEEL PRODUCTS Total |
5 |
|||
WIRES & WIRE RODS |
KENYA |
22,068 |
22,068 - 22,068 |
275 |
SRI LANKA |
78,428 |
78,428 - 78,428 |
10 |
|
UNITED ARAB EMIRATES |
72,792 |
72,792 - 72,792 |
20 |
|
WIRES & WIRE RODS Total |
305 |
|||
Grand Total |
13,771 |
In February 2016, exports included 1,321 tons of CR products, 1,083 tons of HR products, 10,604 tons of long products amongst others. All products were sent to various countries in differing price bands.
In January 2016, exports included 678 tons of CR products, 2,960 tons of HR products, 9,911 tons of long products, amongst others. All products were sent to various countries in differing price bands.
Also, in February 2016, exports mainly comprised 414 tons of CR products to Belgium, and 10,299 tons of long products to Italy, amongst others.