Imports of steel, including scrap and stainless steel, through Vizag Port in December 2015 edged down 12.34% month-on-month to 27,751 tons against 31,659 tons in November 2015, according to data available with ISMW.
Imports of the material during December 2014 were at 35,778 tons.
With the December figures, total imports of the commodity in the first nine months of the current fiscal of 2015-16 stood higher by 50.81% at 440,176 tons against 291,722 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 Port 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 |
27,751 |
35,778 |
|
JAN |
20,933 |
||
FEB |
25,184 |
||
MAR |
22,396 |
||
VIZAG APRIL TO DECEMBER TOTAL |
440,176 |
291,722 |
|
VIZAG APRIL TO MARCH TOTAL |
360,236 |
Imports in December 2015 comprised 26,845 tons of scraps, 887 tons of pipes and tubes amongst others.
November imports comprised 30,783 tons of scraps, 210 tons plates and slabs, 456 tons of long products, amongst others.
Further, of the total import volumes in December, 5,795 tons of scrap arrived from Brazil, 4,580 tons of scrap and other products from Japan, a voluminous 8,173 tons of scrap from the UK, amongst other countries.
Following table gives break-up of country-wise imports of steel via Vizag Port in December 2015:
STEEL IMPORT, VIZAG |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
OTHER PRODUCTS |
CHINA |
- |
- |
0.03 |
JAPAN |
167,676 |
167,676 - 167,676 |
20 |
|
OTHER PRODUCTS Total |
20 |
|||
PIPES & TUBES |
CHINA |
38,612 |
25,452 - 50,263 |
887 |
PIPES & TUBES Total |
887 |
|||
SCRAP |
AUSTRALIA |
13,533 |
13,478 - 13,589 |
1,441 |
BRAZIL |
14,602 |
13,478 - 16,850 |
5,795 |
|
HONDURAS |
13,885 |
13,478 - 14,597 |
734 |
|
JAPAN |
14,993 |
13,929 - 15,346 |
4,560 |
|
NETHERLANDS |
76,448 |
45,880 - 102,453 |
774 |
|
NEW ZEALAND |
13,929 |
13,929 - 13,929 |
270 |
|
OTHERS |
16,001 |
16,001 - 16,001 |
25 |
|
PHILIPPINES |
13,533 |
13,478 - 13,588 |
495 |
|
SOUTH KOREA |
50,819 |
13,578 - 79,359 |
2,588 |
|
TOGO |
13,588 |
13,588 - 13,588 |
347 |
|
UNITED KINGDOM |
40,002 |
14,488 - 103,548 |
8,173 |
|
UNITED STATES |
97,687 |
52,024 - 114,146 |
1,641 |
|
SCRAP Total |
26,845 |
|||
Grand Total |
27,751 |
Source: ISMW