India Steel Market Watch
November 30: Sponge iron imports through Chennai Port were at a mere 45 tons. However, the port saw no imports of the material in the preceding month of September, according to provisional data available with ISMW.
Imports of sponge iron have been scant in general with August imports at a mere 37 tons.
In October 2015, three consignments arrived from Sweden at a price band of Rs 44,325 – 47,707 ($678-721) per ton.
In August, the materials had arrived from Sweden too but at a price band of Rs 45,655 – 126,873 ($709-1,972) per ton.
Following table gives details of sponge iron imports via Chennai Port in October 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 |
9-Oct-15 |
SPONGE IRON AS FLAKES - ITEM NO: 027450 MELT FLAKES FE SP FLEXBAG 1000 KG (ORDER NO: 0020464706) |
47,707 |
721 |
23 |
27-Oct-15 |
SPONGE IRON AS FLAKES - ITEM NO: 027450 - MELT FLAKES FE SP FLEXBAG 1000 KG (ORDER NO: 0020468164) |
47,130 |
721 |
8 |
|
31-Oct-15 |
SPONGE IRON AS FLAKES - ITEM NO: 027450 - MELT FLAKES FE SP FLEXBAG 1000 KG |
44,325 |
678 |
14 |
|
Grand Total |
45 |