India Steel Market Watch
October 29: There were no iron ore fines and lumps export volumes through the port of Vizag in August-September, 2015 while in July these were at 42,652 tons, as per provisional information available with ISMW.
Volumes in September 2014 were at a much heftier 220,578 tons.
Total iron ore exports through the port in the first six months of the current fiscal of 2015-16 stood at 307,783 tons against 1,354,420 tons reported in the same period of the previous fiscal.
In financial year 2014-15, iron ore fine and lumps exports through the port stood at 2,928,639.
Following are the export details of both the financial years:
Month |
2015-16 (in tons) |
2014-15 (in tons) |
April |
24,656 |
297,669 |
May |
50,854 |
269,851 |
Jun |
189,621 |
198,432 |
July |
42,652 |
220,578 |
Aug |
Nil |
149,380 |
Sept |
Nil |
218,510 |
Oct |
|
74,690 |
Nov |
|
72,129 |
Dec |
|
485,270 |
Jan |
|
216,926 |
Feb |
|
219,062 |
Mar |
|
506,142 |
VIZAG APR TO MARCH Total |
307,783 |
2,928,639 |
In July 2015, a volume of 20,896 tons went to Iran at a price of Rs 6,972 per ton and the balance 21,756 tons to the UAE at Rs 4,573/ton.