India Steel Market Watch
December 2: Imports of steel across various categories through Kandla Port decreased 30.97% during the month of October 2015 over September 2015. Steel imports through the port also increased on a year-on–year basis, according to data available with ISMW.
Total imports of steel during the month stood at 84,605 tons against a volume of 122,577 tons imported in 2015.
Steel imports during the month of October 2015 increased sharply by 90.64% from 44,379 tons imported in August 2014, the data revealed.
For the first seven months (April-October) of FY’16 steel imports through the port stood at 810,782 tons, down 88.93% against a volume of 429,142 tons imported in the same period a year ago.
Following table provides month-on-month import of steel through Kandla Port in 2015-16 and 2014-15 (in tons):
STEEL IMPORT, KANDLA |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
KANDLA |
APR |
131,649 |
79,212 |
MAY |
94,813 |
30,722 |
|
JUN |
136,507 |
74,997 |
|
JUL |
100,805 |
40,850 |
|
AUG |
139,826 |
52,485 |
|
SEP |
122,577 |
106,498 |
|
OCT |
84,605 |
44,379 |
|
NOV |
|
54,102 |
|
DEC |
|
85,487 |
|
JAN |
|
76,126 |
|
FEB |
|
125,337 |
|
MAR |
|
90,218 |
|
KANDLA APRIL TO OCTOBER TOTAL |
810,782 |
429,142 |
|
KANDLA APRIL TO MARCH TOTAL |
810,782 |
860,413 |
Following table gives break-up of country-wise imports of steel via Kandla Port in October 2015:
STEEL IMPORT, KANDLA |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
CR PRODUCTS |
CHINA |
36,116 |
36,116 - 36,116 |
507 |
JAPAN |
69,419 |
43,942 - 138,968 |
1,349 |
|
SOUTH KOREA |
41,186 |
25,811 - 60,462 |
10,833 |
|
TAIWAN |
46,956 |
46,956 - 46,956 |
68 |
|
CR PRODUCTS Total |
12,758 |
|||
HR PRODUCTS |
BRAZIL |
27,270 |
27,270 - 27,270 |
5,058 |
CHINA |
27,927 |
22,116 - 35,361 |
18,228 |
|
INDONESIA |
25,299 |
23,660 - 26,796 |
3,026 |
|
JAPAN |
52,679 |
38,134 - 94,511 |
437 |
|
SOUTH KOREA |
36,093 |
32,243 - 36,679 |
13,954 |
|
HR PRODUCTS Total |
40,703 |
|||
LONG PRODUCTS |
CHINA |
25,154 |
25,154 - 25,154 |
1,000 |
JAPAN |
73,602 |
64,106 - 113,379 |
736 |
|
LONG PRODUCTS Total |
1,736 |
|||
OTHER PRODUCTS |
SOUTH AFRICA |
154,186 |
154,186 - 154,186 |
20 |
OTHER PRODUCTS Total |
20 |
|||
PIPES & TUBES |
JAPAN |
131,983 |
131,983 - 131,983 |
299 |
PIPES & TUBES Total |
299 |
|||
PLATES & SLABS |
SOUTH KOREA |
17,899 |
17,899 - 17,899 |
3,426 |
PLATES & SLABS Total |
3,426 |
|||
SCRAP |
AUSTRALIA |
19,081 |
19,081 - 19,081 |
500 |
INDONESIA |
19,801 |
19,801 - 19,801 |
11 |
|
NEW ZEALAND |
19,313 |
18,725 - 19,597 |
2,000 |
|
SINGAPORE |
25,741 |
25,741 - 25,741 |
9 |
|
UNITED STATES |
19,303 |
18,841 - 19,583 |
5,400 |
|
SCRAP Total |
7,919 |
|||
STAINLESS STEEL PRODUCTS |
JAPAN |
127,448 |
86,535 - 294,472 |
639 |
SOUTH KOREA |
94,503 |
94,503 - 94,503 |
75 |
|
STAINLESS STEEL PRODUCTS Total |
714 |
|||
TINPLATES & TMBP |
SOUTH KOREA |
41,614 |
34,708 - 52,035 |
1,074 |
TINPLATES & TMBP Total |
1,074 |
|||
VALUE ADDED PRODUCTS |
CHINA |
37,144 |
24,380 - 49,908 |
5,458 |
JAPAN |
67,167 |
44,437 - 88,355 |
3,016 |
|
SOUTH KOREA |
57,812 |
47,516 - 70,186 |
632 |
|
VALUE ADDED PRODUCTS Total |
9,106 |
|||
WIRES & WIRE RODS |
CHINA |
25,862 |
22,644 - 30,733 |
6,637 |
JAPAN |
74,254 |
74,254 - 74,254 |
57 |
|
SOUTH KOREA |
41,318 |
37,820 - 48,315 |
156 |
|
WIRES & WIRE RODS Total |
6,850 |
|||
Grand Total |
84,605 |
In October 2015, imports comprised of 12,758 tons of CR products, 40,703 tons of HR products, 1,736 tons of long products, 7,919 tons of scrap, 9,106 tons of value added products, 6850 tons of wire and wire rods, among others products.
In September, imports comprised of 10,891 tons of Cr products, 77,548 tons of HR products, 6893 tons of long products, 21,422 tons of scrap products 3,538 tons of value added products among others products.
Further, of the total imports during the month, 31,830 tons came from China, 6,533 tons from Japan, 30,149 tons from South Korea and 23,000, among others, at various price ranges.