India Steel Market Watch
October 14: Imports of steel via New Mangalore Port in September 2015 witnessed a sharp fall of 94.18% to 359 tons compared to 6,170 imported during the month of August 2015, as per provisional information available with ISMW.
During H1 of the current fiscal, total imports were at 6,715 tons against 153 tons seen in the same period of the previous fiscal.
The following table gives details of steel imports via New Mangalore in 2015-16 and 2014-15:
STEEL IMPORT, NEW MANGALORE |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
NEW MANGALORE |
APR |
27 |
- |
MAY |
27 |
24 |
|
JUN |
81 |
- |
|
JUL |
52 |
48 |
|
AUG |
6,170 |
27 |
|
SEP |
359 |
54 |
|
OCT |
103 |
||
NOV |
- |
||
DEC |
51 |
||
JAN |
54 |
||
FEB |
27 |
||
MAR |
160 |
||
NEW MANGALORE APRIL TO SEPTEMBER TOTAL |
6,715 |
153 |
|
NEW MANGALORE APRIL TO MARCH TOTAL |
6,715 |
549 |
In September 2015, out of the entire quantity, 305 tons of long products were imported from China at a unit price of Rs 38,759 per ton, 27 tons of other products from France at a unit price of Rs 52,511 per ton and 27 tons of wires and wire rods from China at a unit price of Rs 27,304 per ton.
In August 2015, out of the entire quantity, 6,116 tons of HR products were imported from China at a unit price of Rs 31,730 per ton, 27 tons of other products were imported from France at a unit price of Rs 49,452 per ton and 27 tons of wires and wire rods from China at a unit price of Rs 26,264 per ton.
Following table gives break-up of country-wise imports of steel via New Mangalore in September 2015:
STEEL IMPORT, NEW MANGALORE |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
LONG PRODUCTS |
CHINA |
38,759 |
35,215 - 41,505 |
305 |
LONG PRODUCTS Total |
305 |
|||
OTHER PRODUCTS |
FRANCE |
52,511 |
51,370 - 53,653 |
27 |
OTHER PRODUCTS Total |
27 |
|||
WIRES & WIRE RODS |
CHINA |
27,304 |
25,010 - 33,617 |
27 |
WIRES & WIRE RODS Total |
27 |
|||
Grand Total |
359 |