India Steel Market Watch
December 9: Imports of steel, including scrap and stainless steel, through Vizag Port in November 2015 edged down 4.50% month-on-month to 31,659 tons against 33,151 tons in October 2015, according to data available with ISMW.
Imports of the material during November 2014 were at 37,442 tons.
With the November figures, total imports of the commodity in the first eight months of the current fiscal of 2015-16 stood higher by 61.14% at 412,425 tons against 255,944 tons recorded in the same period of the previous fiscal.
In financial year 2014-15, total steel imports through the port stood at 360,236.
The following table gives details of steel imports via Vizag for both financial years:
STEEL IMPORT, VIZAG |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
VIZAG |
APR |
29,406 |
15,512 |
MAY |
93,842 |
22,929 |
|
JUN |
72,051 |
51,309 |
|
JUL |
84,838 |
45,163 |
|
AUG |
35,463 |
34,446 |
|
SEP |
32,015 |
32,257 |
|
OCT |
33,151 |
16,886 |
|
NOV |
31,659 |
37,442 |
|
DEC |
|
35,778 |
|
JAN |
|
20,933 |
|
FEB |
|
25,184 |
|
MAR |
|
22,396 |
|
VIZAG APRIL TO NOVEMBER TOTAL |
412,425 |
255,944 |
|
VIZAG APRIL TO MARCH TOTAL |
|
360,236 |
November imports comprised 30,783 tons of scraps, 210 tons plates and slabs, 456 tons of long products, amongst others.
Imports in October comprised 26,000 tons of scraps, 5,202 tons of wires and rods amongst others.
Further, of the total import volumes in November, 11,823 tons of scrap arrived from Japan, 3,192 tons of scrap from Brazil amongst other countries.
Following table gives break-up of country wise import of steel via Vizag in November 2015:
STEEL IMPORT, VIZAG |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
LONG PRODUCTS |
CHINA |
61,565 |
27,700 - 94,429 |
456 |
LONG PRODUCTS Total |
456 |
|||
OTHER FLAT PRODUCTS |
CHINA |
33,279 |
33,279 - 33,279 |
50 |
OTHER FLAT PRODUCTS Total |
50 |
|||
OTHER PRODUCTS |
UNITED STATES |
156,768 |
156,768 - 156,768 |
19 |
OTHER PRODUCTS Total |
19 |
|||
PIPES & TUBES |
CHINA |
63,076 |
49,852 - 76,300 |
90 |
PIPES & TUBES Total |
90 |
|||
PLATES & SLABS |
ROMANIA |
64,023 |
64,023 - 64,023 |
210 |
PLATES & SLABS Total |
210 |
|||
SCRAP |
AUSTRALIA |
17,617 |
13,377 - 18,678 |
2,704 |
BRAZIL |
15,899 |
13,377 - 17,524 |
3,912 |
|
JAPAN |
16,300 |
14,196 - 19,777 |
11,823 |
|
NETHERLANDS |
77,869 |
45,463 - 110,274 |
976 |
|
PHILIPPINES |
13,377 |
13,377 - 13,377 |
499 |
|
RUSSIA |
100,094 |
100,094 - 100,094 |
72 |
|
SOUTH AFRICA |
19,147 |
19,147 - 19,147 |
204 |
|
SOUTH KOREA |
79,832 |
76,916 - 80,929 |
1,714 |
|
UNITED KINGDOM |
68,116 |
14,380 - 105,141 |
4,340 |
|
UNITED STATES |
58,409 |
18,825 - 112,365 |
4,540 |
|
SCRAP Total |
30,783 |
|||
WIRES & WIRE RODS |
CHINA |
28,382 |
28,382 - 28,382 |
50 |
WIRES & WIRE RODS Total |
50 |
|||
Grand Total |
31,659 |