India Steel Market Watch
November 25: Steel imports via Mundra Port increased 64.29% in October 2015 to 132,041 tons as compared to 80,417 tons in September, month-on-month.
The imports were up 2.95% from 128,310 tons in the same month of the previous fiscal, according to provisional data available with ISMW.
For the first seven months (April-October) of the current fiscal (2015-16), steel imports increased 29.94% to 860,041 tons against a volume of 661,831 tons imported in the same period of the previous fiscal, data revealed.
Following table provides month-on-month imports of steel through Mundra Port in 2015-16 and 2014-15 (in tons):
STEEL IMPORT, MUNDRA |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
MUNDRA |
APR |
191,520 |
48,962 |
MAY |
151,265 |
82,260 |
|
JUN |
92,578 |
87,006 |
|
JUL |
90,261 |
82,872 |
|
AUG |
121,897 |
108,357 |
|
SEP |
80,417 |
124,064 |
|
OCT |
132,103 |
128,310 |
|
NOV |
|
112,225 |
|
DEC |
|
181,469 |
|
JAN |
|
147,798 |
|
FEB |
|
138,802 |
|
MAR |
|
113,238 |
|
MUNDRA APRIL TO OCTOBER TOTAL |
860,041 |
661,831 |
|
MUNDRA APRIL TO MARCH TOTAL |
860,041 |
1,355,363 |
Following are the details of steel imports through Mundra Port in October 2015:
STEEL IMPORT, MUNDRA |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
CR PRODUCTS |
JAPAN |
46,117 |
41,966 - 53,695 |
2,113 |
SOUTH KOREA |
55,830 |
35,391 - 182,660 |
10,635 |
|
CR PRODUCTS Total |
12,748 |
|||
DEFECTIVES & SECONDARY PRODUCTS |
CHINA |
24,262 |
23,260 - 24,596 |
4,040 |
UNITED STATES |
122,698 |
116,132 - 167,270 |
148 |
|
DEFECTIVES & SECONDARY PRODUCTS Total |
4,189 |
|||
HR PRODUCTS |
CHINA |
28,746 |
22,723 - 31,352 |
20,989 |
SOUTH KOREA |
34,311 |
28,507 - 43,311 |
2,433 |
|
HR PRODUCTS Total |
23,422 |
|||
LONG PRODUCTS |
CHINA |
43,621 |
0 - 63,137 |
3,355 |
JAPAN |
71,783 |
71,130 - 72,001 |
347 |
|
LONG PRODUCTS Total |
3,702 |
|||
OTHER FLAT PRODUCTS |
CHINA |
38,771 |
38,771 - 38,771 |
125 |
SOUTH KOREA |
42,372 |
31,919 - 47,846 |
881 |
|
OTHER FLAT PRODUCTS Total |
1,007 |
|||
OTHER PRODUCTS |
CHINA |
39,436 |
35,553 - 50,823 |
134 |
SOUTH AFRICA |
44,491 |
44,491 - 44,491 |
54 |
|
THAILAND |
45,699 |
45,432 - 46,100 |
24 |
|
UKRAINE |
44,222 |
44,222 - 44,222 |
27 |
|
OTHER PRODUCTS Total |
239 |
|||
PIPES & TUBES |
CHINA |
34,651 |
0 - 87,455 |
19,333 |
PIPES & TUBES Total |
19,333 |
|||
PLATES & SLABS |
MALAYSIA |
18,975 |
18,975 - 18,975 |
15,243 |
PLATES & SLABS Total |
15,243 |
|||
SCRAP |
AUSTRALIA |
21,069 |
20,691 - 21,332 |
4,791 |
BANGLADESH |
104,385 |
104,385 - 104,385 |
36 |
|
BENIN |
21,024 |
20,945 - 21,104 |
493 |
|
BRAZIL |
21,010 |
20,791 - 21,230 |
403 |
|
CANADA |
20,791 |
20,791 - 20,791 |
294 |
|
CONGO |
21,363 |
21,363 - 21,363 |
592 |
|
DOMINICAN REPULIC |
21,025 |
20,945 - 21,105 |
246 |
|
GHANA |
90,196 |
90,196 - 90,196 |
14 |
|
GUINEA |
21,672 |
21,590 - 21,791 |
450 |
|
KUWAIT |
21,161 |
20,894 - 21,654 |
380 |
|
LIBERIA |
36,503 |
21,363 - 96,480 |
110 |
|
MALAYSIA |
33,385 |
27,373 - 39,396 |
76 |
|
MAURITANIA |
21,164 |
20,791 - 21,654 |
773 |
|
MAURITIUS |
20,691 |
20,691 - 20,691 |
39 |
|
MOZAMBIQUE |
20,918 |
20,691 - 21,654 |
4,473 |
|
OMAN |
20,818 |
20,691 - 20,945 |
262 |
|
PANAMA |
20,945 |
20,945 - 20,945 |
84 |
|
SAUDI ARABIA |
151,288 |
151,288 - 151,288 |
22 |
|
SENEGAL |
20,944 |
20,791 - 21,046 |
678 |
|
SIERRA LEONA |
21,527 |
21,527 - 21,527 |
155 |
|
SOUTH AFRICA |
21,013 |
20,691 - 21,363 |
15,150 |
|
SOUTH KOREA |
109,504 |
109,504 - 109,504 |
95 |
|
TANZANIA |
20,955 |
20,691 - 21,230 |
603 |
|
THAILAND |
57,753 |
33,662 - 81,844 |
600 |
|
TOGO |
21,452 |
21,046 - 21,791 |
439 |
|
UNITED ARAB EMIRATES |
24,819 |
20,691 - 148,322 |
3,824 |
|
UNITED KINGDOM |
20,748 |
20,462 - 21,046 |
2,406 |
|
UNITED STATES |
31,822 |
20,691 - 85,805 |
1,079 |
|
URUGAY |
20,791 |
20,791 - 20,791 |
354 |
|
SCRAP Total |
38,921 |
|||
STAINLESS STEEL PRODUCTS |
BELGIUM |
133,758 |
132,541 - 134,164 |
168 |
BRAZIL |
86,855 |
86,855 - 86,855 |
22 |
|
CHINA |
75,054 |
59,403 - 140,380 |
1,540 |
|
SOUTH KOREA |
89,624 |
75,214 - 132,470 |
1,909 |
|
STAINLESS STEEL PRODUCTS Total |
3,639 |
|||
TINPLATES & TMBP |
CHINA |
45,873 |
41,582 - 53,945 |
72 |
TINPLATES & TMBP Total |
72 |
|||
VALUE ADDED PRODUCTS |
CHINA |
33,222 |
33,002 - 34,457 |
2,644 |
JAPAN |
51,547 |
45,560 - 65,844 |
996 |
|
TAIWAN |
58,899 |
58,899 - 58,899 |
286 |
|
VALUE ADDED PRODUCTS Total |
3,926 |
|||
WIRES & WIRE RODS |
BELGIUM |
36,505 |
36,505 - 36,505 |
24 |
CHINA |
29,425 |
23,525 - 74,319 |
4,729 |
|
FRANCE |
63,104 |
0 - 122,035 |
122 |
|
GERMANY |
33,406 |
33,406 - 33,406 |
18 |
|
JAPAN |
95,421 |
95,421 - 95,421 |
18 |
|
SOUTH KOREA |
37,023 |
35,854 - 37,812 |
634 |
|
TAIWAN |
164,899 |
161,175 - 176,073 |
19 |
|
THAILAND |
56,885 |
56,885 - 56,885 |
76 |
|
UNITED STATES |
244,561 |
42,759 - 347,165 |
21 |
|
WIRES & WIRE RODS Total |
5,662 |
|||
Grand Total |
132,103 |
Of the total imports in October 2015, CR products comprised 12,748 tons, defective and secondary products comprised 4,189 tons, HR products were at 23,422 tons, long products at 3,702 tons, other flat products at 1,007 tons, other at products 239 tons, pipes and tubes 19,333 tons, plates and slabs 15,243, scrap 38,921 tons amongst others.
Of the total imports in September 2015, CR products comprised 5,592 tons, HR products 25,243 tons, long products 2,399 tons, other flat products 24 tons, other products 278 tons, pipes and tubes 1,194 tons, plates and slabs 10,300 tons, scraps 19,692 tons, stainless steel 1,977 tons, value-added products 2,786 tons, wire and wire rods 10,795 tons, among others.
Further, 56,962 tons came from China; 15,319 tons from Liberia 16,587 tons from South Korea, 15,203 tons from South Africa, among others, in various price ranges.