India Steel Market Watch
December 9: Exports of steel products, including stainless steel, through the port of Vizag rose 15.35% to 44,307 tons in November 2015 from a volume of 38,411 tons in October 2015, as per provisional information available with ISMW.
Exports of the material in November 2015, however, stood higher at 75,614 tons.
With the November figures, total steel exports through the port in the first eight months of the current fiscal of 2015-16 dropped 37.97% to 466,692 tons against 752,365 tons reported in the same period of the previous fiscal.
In financial year 2014-15, total steel exports through the port stood at 1,057,279 tons.
The following table provides details of steel exports via Vizag Port in 2015-16 and 2014-15:
STEEL EXPORT, VIZAG |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
VIZAG |
APR |
69,311 |
78,503 |
MAY |
98,888 |
101,071 |
|
JUN |
25,579 |
62,061 |
|
JUL |
43,963 |
99,568 |
|
AUG |
45,074 |
84,420 |
|
SEP |
101,160 |
135,808 |
|
OCT |
38,411 |
115,320 |
|
NOV |
44,307 |
75,614 |
|
DEC |
123,379 |
||
JAN |
58,153 |
||
FEB |
43,016 |
||
MAR |
80,365 |
||
VIZAG APRIL TO NOVEMBER TOTAL |
466,692 |
752,365 |
|
VIZAG APRIL TO MARCH TOTAL |
1,057,279 |
Following table gives break-up of country-wise exports of steel via Vizag in November 2015:
STEEL EXPORT, VIZAG |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
CR PRODUCTS |
SRI LANKA |
29,791 |
28,292 - 33,878 |
1,388 |
CR PRODUCTS Total |
1,388 |
|||
HR PRODUCTS |
MALAYSIA |
39,073 |
33,399 - 49,283 |
613 |
OMAN |
33,898 |
33,888 - 33,920 |
79 |
|
SAUDI ARABIA |
34,231 |
33,340 - 35,123 |
275 |
|
HR PRODUCTS Total |
967 |
|||
LONG PRODUCTS |
BAHRAIN |
32,666 |
32,666 - 32,666 |
50 |
BANGLADESH |
28,864 |
18,437 - 36,651 |
35,061 |
|
MADAGASCAR |
36,337 |
36,337 - 36,337 |
49 |
|
SINGAPORE |
33,841 |
33,841 - 33,841 |
19 |
|
SRI LANKA |
33,315 |
32,770 - 33,678 |
310 |
|
UNITED ARAB EMIRATES |
52,984 |
52,684 - 53,253 |
569 |
|
LONG PRODUCTS Total |
36,059 |
|||
STAINLESS STEEL PRODUCTS |
BANGKOK |
112,335 |
112,335 - 112,335 |
15 |
BELGIUM |
129,808 |
83,269 - 167,280 |
1,268 |
|
BULGARIA |
140,126 |
119,058 - 188,179 |
99 |
|
COLOMBIA |
81,742 |
81,742 - 81,742 |
22 |
|
FRANCE |
93,901 |
93,901 - 93,901 |
18 |
|
INDONESIA |
97,665 |
59,348 - 150,430 |
2,302 |
|
ISRAEL |
81,794 |
79,884 - 84,339 |
87 |
|
POLAND |
140,147 |
125,047 - 189,381 |
296 |
|
SINGAPORE |
165,600 |
165,600 - 165,600 |
41 |
|
SPAIN |
130,652 |
84,035 - 143,884 |
184 |
|
TURKEY |
128,608 |
115,165 - 162,135 |
142 |
|
UNITED KINGDOM |
130,173 |
125,719 - 138,357 |
61 |
|
UNITED STATES |
119,834 |
100,666 - 153,383 |
206 |
|
VIETNAM |
70,073 |
65,433 - 76,841 |
649 |
|
STAINLESS STEEL PRODUCTS Total |
5,389 |
|||
VALUE ADDED PRODUCTS |
CHILE |
45,467 |
43,009 - 46,695 |
48 |
UNITED ARAB EMIRATES |
39,088 |
38,569 - 39,872 |
456 |
|
VALUE ADDED PRODUCTS Total |
504 |
|||
Grand Total |
44,307 |
November exports include 36,059 tons of long products, 5,389 tons of stainless steel products amongst other items. All were sent to several countries in differing price bands.
In October, exports included 2,325 tons of CR products, 21,618 tons of long products, 9,683 tons of stainless steel products amongst other items. All were sent to several countries in differing price bands.
Further, of the total volumes in November, 35,061 tons of long products went to Bangladesh, 1,698 tons (310 tons of long products and 1,388 tons of CR products) went to Sri Lanka and 2,302 tons of stainless steel products to Indonesia, amongst others.