India Steel Market Watch
January 5: Sponge iron imports through Chennai Port dropped further to a mere 19 tons in November 2015 while in October, these were at an equally low 45 tons.
The port saw no imports of the material in September. Imports of sponge iron have been scant in general with August imports at a mere 37 tons.
In November 2015, a single consignment arrived from Sweden at a unit price of Rs 44,490 ($672) per ton.
In October 2015, three consignments had arrived from Sweden at a price band of Rs 44,325 – 47,707 ($678-721) per ton.
Following table gives details of sponge iron imports via Chennai Port in November 2015:
SPONGE IRON IMPORT, CHENNAI |
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Country Of Origin |
Date |
Item Description |
Unit Price (in Rs./Ton) |
Unit Price (in $/Ton) |
Quantity (in Tons) |
SWEDEN |
17-Nov-15 |
SPONGE IRON AS FLAKES - ITEM NO: 027450 - MELT FLAKES FE SP FLEXBAG 1000 KG (ORDER NO: 0020472345) |
44,490 |
672 |
19 |
Grand Total |
19 |