India Steel Market Watch
January 6: Steel imports through Cochin Port were at 19,315 tons in November 2015, up 4.83% from 18,425 tons imported in October 2015, as per provisional information available with ISMW
Steel imports via the port stood at 112,661 tons during the first eight months (April-November) of 2015-16, resulting in a fall of 11.93% in comparison to 127,925 tons imported during the same period in 2014-15.
However, 11,493 tons of steel was imported via the port in November 2014.
Following table provides month-on-month imports of steel through Cochin Port (in tons) in 2015-16 and 2014-15:
STEEL IMPORT, COCHIN |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
COCHIN |
APR |
14,899 |
17,907 |
MAY |
15,490 |
17,681 |
|
JUN |
509 |
15,018 |
|
JUL |
8,740 |
15,586 |
|
AUG |
19,589 |
18,265 |
|
SEP |
15,695 |
19,011 |
|
OCT |
18,425 |
12,964 |
|
NOV |
19,315 |
11,493 |
|
DEC |
12,273 |
||
JAN |
17,129 |
||
FEB |
14,150 |
||
MAR |
12,502 |
||
COCHIN APRIL TO NOVEMBER TOTAL |
1,12,661 |
1,27,925 |
|
COCHIN APRIL TO MARCH TOTAL |
1,12,661 |
1,83,979 |
Of 19,315 tons imported in November 2015, a volume of 208 tons of other flat products were imported from China, 290 tons of pipes and tubes came in from China and Vietnam, 15,654 tons of scrap were imported from Australia, Brazil, Equatorial Guinea, Netherlands, New Zealand, UAE, UK, Uruguay and the US, a volume of 2,262 tons of value-added products were imported from China, 27 tons of wires and wire rods from the UAE, 114 tons of CR products from South Korea, UK and Taiwan, 287 tons of long products from China, 153 tons of defective and secondary products from China. A volum of 119 tons of Other Products came Sweden and the US and 202 tons of plates and slabs from Singapore, amongst others.
In October 2015, a volume of 1,683 tons of other flat products were imported from China, 334 tons of pipes and tubes came in from Turkey, the US, China and Vietnam, 14,142 tons of scrap were imported from Australia, Brazil, Honduras, Malaysia, New Zealand, UAE, UK, Uruguay and the US, a volume of 1,856 tons of value-added products were imported from China, 111 tons of wires and wire rods came from China, 237 tons of CR products from Poland, UK and Taiwan and 15 tons of long products from Turkey amongst others.
Following table provides details of steel imports through Cochin Port in November 2015 (in tons):
STEEL IMPORT, COCHIN |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
CR PRODUCTS |
SOUTH KOREA |
1,89,263 |
189,263 - 189,263 |
20 |
TAIWAN |
91,674 |
91,672 - 91,679 |
74 |
|
UNITED KINGDOM |
1,38,910 |
138,910 - 138,910 |
20 |
|
CR PRODUCTS Total |
114 |
|||
DEFECTIVES & SECONDARY PRODUCTS |
CHINA |
39,470 |
39,470 - 39,470 |
153 |
DEFECTIVES & SECONDARY PRODUCTS Total |
153 |
|||
LONG PRODUCTS |
CHINA |
48,529 |
48,529 - 48,529 |
287 |
LONG PRODUCTS Total |
287 |
|||
OTHER FLAT PRODUCTS |
CHINA |
44,051 |
43,403 - 44,851 |
208 |
OTHER FLAT PRODUCTS Total |
208 |
|||
OTHER PRODUCTS |
SWEDEN |
1,88,661 |
188,661 - 188,661 |
15 |
UNITED STATES |
1,60,064 |
160,058 - 160,065 |
103 |
|
OTHER PRODUCTS Total |
119 |
|||
PIPES & TUBES |
CHINA |
59,075 |
31,977 - 95,998 |
211 |
VIETNAM |
96,695 |
96,695 - 96,695 |
79 |
|
PIPES & TUBES Total |
290 |
|||
PLATES & SLABS |
SINGAPORE |
37,166 |
35,498 - 38,857 |
202 |
PLATES & SLABS Total |
202 |
|||
SCRAP |
AUSTRALIA |
18,664 |
18,594 - 18,734 |
432 |
BRAZIL |
18,433 |
18,433 - 18,433 |
354 |
|
EQUATORIAL GUINEA |
23,568 |
23,568 - 23,568 |
154 |
|
NETHERLANDS |
21,396 |
21,396 - 21,396 |
247 |
|
NEW ZEALAND |
18,526 |
18,526 - 18,526 |
1,078 |
|
PUERTO RICO |
18,433 |
18,433 - 18,433 |
206 |
|
SINGAPORE |
17,841 |
17,841 - 17,841 |
180 |
|
UNITED ARAB EMIRATES |
21,300 |
14,199 - 23,011 |
6,949 |
|
UNITED KINGDOM |
16,388 |
12,598 - 18,734 |
1,481 |
|
UNITED STATES |
20,235 |
19,009 - 24,252 |
4,441 |
|
URUGAY |
18,433 |
18,433 - 18,433 |
132 |
|
SCRAP Total |
15,654 |
|||
VALUE ADDED PRODUCTS |
CHINA |
41,140 |
30,520 - 50,481 |
2,262 |
VALUE ADDED PRODUCTS Total |
2,262 |
|||
WIRES & WIRE RODS |
UNITED ARAB EMIRATES |
23,578 |
23,578 - 23,578 |
27 |
WIRES & WIRE RODS Total |
27 |
|||
Grand Total |
19,315 |