Steel exports from the port of Chennai have been showing a volatile trend across months from the onset of the current fiscal. On a month-on-month basis, in January 2016, exports were at 17,116 tons against 14,521 tons in December 2015, up 17.87% month-on-month, according to provisional data available with ISMW.
Consequently, with the January figures, total steel exports through the port in the first 10 months of the current fiscal of 2015-16 stood at 91,909 tons against a far heftier 613,995 tons seen in the same period of the previous year.
Total steel exports through the port in financial year 2014-15 stood at 697,943 tons.
Exports of the commodity stood at a more voluminous 63,729 tons in January 2015.
Following are the details of steel exports via Chennai Port in 2015-16 and 2014-15:
STEEL EXPORT, CHENNAI |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
CHENNAI |
APR |
7,056 |
46,237 |
MAY |
3,439 |
82,873 |
|
JUN |
6,842 |
75,802 |
|
JUL |
4,298 |
44,360 |
|
AUG |
9,677 |
99,577 |
|
SEP |
3,343 |
56,698 |
|
OCT |
8,116 |
50,017 |
|
NOV |
17,501 |
25,844 |
|
DEC |
14,521 |
68,858 |
|
JAN |
17,116 |
63,729 |
|
FEB |
47,643 |
||
MAR |
36,305 |
||
CHENNAI APRIL TO JANUARY TOTAL |
91,909 |
613,995 |
|
CHENNAI APRIL TO MAR TOTAL |
697,943 |
The following table contains details of steel exports via Chennai in January 2016:
STEEL EXPORT, CHENNAI |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
CR PRODUCTS |
BELGIUM |
135,654 |
118,415 - 146,454 |
190 |
CHINA |
143,702 |
139,629 - 145,059 |
0.35 |
|
EGYPT |
29,634 |
29,634 - 29,634 |
335 |
|
POLAND |
28,262 |
28,262 - 28,262 |
58 |
|
SOUTH KOREA |
61,182 |
61,182 - 61,182 |
2 |
|
SRI LANKA |
31,030 |
29,880 - 31,318 |
93 |
|
CR PRODUCTS Total |
678 |
|||
HR PRODUCTS |
BELGIUM |
115,643 |
112,930 - 118,357 |
7 |
CHINA |
137,502 |
135,979 - 140,429 |
1 |
|
MADAGASCAR |
47,011 |
47,011 - 47,011 |
1 |
|
SOUTH KOREA |
122,119 |
122,119 - 122,119 |
0.20 |
|
SRI LANKA |
21,917 |
21,312 - 25,098 |
2,951 |
|
HR PRODUCTS Total |
2,960 |
|||
LONG PRODUCTS |
AUSTRALIA |
51,875 |
51,128 - 53,120 |
78 |
ITALY |
27,410 |
27,410 - 27,410 |
9,644 |
|
MADAGASCAR |
28,289 |
25,156 - 30,981 |
39 |
|
SEYCHELLES |
24,369 |
24,369 - 24,369 |
3 |
|
SRI LANKA |
48,041 |
32,057 - 62,799 |
147 |
|
LONG PRODUCTS Total |
9,911 |
|||
OTHER FLAT PRODUCTS |
CHINA |
40,177 |
40,177 - 40,177 |
14 |
MADAGASCAR |
142,643 |
29,790 - 332,001 |
24 |
|
SEYCHELLES |
25,636 |
25,636 - 25,636 |
2 |
|
SRI LANKA |
64,757 |
64,258 - 65,256 |
9 |
|
UNITED KINGDOM |
50,429 |
50,401 - 50,458 |
53 |
|
OTHER FLAT PRODUCTS Total |
101 |
|||
OTHER PRODUCTS |
MADAGASCAR |
29,128 |
29,128 - 29,128 |
1 |
MALAYSIA |
46,136 |
46,136 - 46,136 |
0.37 |
|
SAUDI ARABIA |
- |
- |
0.02 |
|
SRI LANKA |
70,105 |
69,201 - 70,473 |
29 |
|
UNITED KINGDOM |
52,346 |
52,233 - 52,605 |
70 |
|
OTHER PRODUCTS Total |
100 |
|||
PIPES & TUBES |
AUSTRALIA |
40,626 |
38,737 - 44,090 |
53 |
CHINA |
116,287 |
115,863 - 116,724 |
15 |
|
CZECH REPUBLIC |
97,189 |
97,029 - 97,348 |
17 |
|
GERMANY |
104,494 |
104,076 - 105,302 |
13 |
|
INDONESIA |
112,951 |
107,297 - 116,227 |
75 |
|
MADAGASCAR |
19,123 |
18,858 - 19,389 |
11 |
|
MALAYSIA |
112,453 |
89,816 - 138,247 |
92 |
|
SEYCHELLES |
110,615 |
28,412 - 275,000 |
5 |
|
SRI LANKA |
33,377 |
30,958 - 38,219 |
73 |
|
UNITED STATES |
74,462 |
66,530 - 78,930 |
39 |
|
PIPES & TUBES Total |
393 |
|||
PLATES & SLABS |
MADAGASCAR |
29,027 |
26,940 - 31,114 |
10 |
PLATES & SLABS Total |
10 |
|||
STAINLESS STEEL PRODUCTS |
SAUDI ARABIA |
- |
- |
1 |
SINGAPORE |
142,050 |
142,031 - 142,063 |
0.34 |
|
STAINLESS STEEL PRODUCTS Total |
1 |
|||
STRIPS |
ISRAEL |
290,035 |
0 - 391,916 |
11 |
STRIPS Total |
11 |
|||
VALUE ADDED PRODUCTS |
CHINA |
113,051 |
55,776 - 145,579 |
2 |
NORWAY |
31,283 |
30,678 - 32,275 |
412 |
|
SINGAPORE |
55,842 |
55,842 - 55,842 |
24 |
|
SOUTH KOREA |
128,734 |
124,422 - 131,262 |
1 |
|
SRI LANKA |
25,896 |
25,896 - 25,896 |
1,263 |
|
VALUE ADDED PRODUCTS Total |
1,701 |
|||
WIRES & WIRE RODS |
TAIWAN |
21,193 |
20,985 - 21,350 |
1,228 |
UNITED ARAB EMIRATES |
71,712 |
71,712 - 71,712 |
20 |
|
UNITED KINGDOM |
- |
- |
0.43 |
|
WIRES & WIRE RODS Total |
1,248 |
|||
Grand Total |
17,116 |
In January 2016, exports included 678 tons of CR products, 2,960 tons of HR products, 9,911 tons of long products, amongst others. All products were sent to various countries in differing price bands.
In December 2015, exports included 463 tons of CR products, 2,387 tons of HR products, 10,508 tons of long products amongst others. All were sent to various countries in differing price bands.
Also, in the month of January 2016, exports mainly comprised 9,644 tons of long products to Italy, 4,566 tons of various products to Sri Lanka, amongst others.