India Steel Market Watch
November 25: Steel imports through Cochin Port were at 18,425 tons in October, up 17.39% from 15,695 tons imported in September 2015, as per provisional information available with ISMW
Steel imports via the port stood at 93,347 tons during the first seven months (April-October) of 2015-16, resulting in a fall of 19.83% in comparison to 116,432 tons imported during the same period in 2014-15.
However, 12,964 tons of steel was imported via the port in October 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 |
|
11,493 |
|
DEC |
|
12,273 |
|
JAN |
|
17,129 |
|
FEB |
|
14,150 |
|
MAR |
|
12,502 |
|
COCHIN APRIL TO OCTOBER TOTAL |
93,347 |
1,16,432 |
|
COCHIN APRIL TO MARCH TOTAL |
93,347 |
1,83,979 |
Of 18,425 tons imported 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, USA, 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 from China, 237 tons of CR products from Poland, UK and Taiwan and 15 tons of long products from Turkey amongst others.
Of 15,695 tons imported in September, 2015, a volume of 1,075 tons of other flat products were imported from China, 100 tons of plates and slabs imported from Singapore and China, 536 tons of pipes and tubes came in from China and Vietnam, 10,976 tons of scrap were imported from Honduras, Malaysia, Equatorial Guinea, South Africa, UAE, UK and the US, a volume of 2,835 tons of value-added products were imported from China, 35 tons of wires and wire rods from China, France and UK, 131 tons of CR products from Poland, South Korea, UK and Taiwan, 4 tons of HR products came Romania and 2 tons of “other products” from Italy.
Following table provides details of steel imports through Cochin Port in October 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 |
POLAND |
1,49,323 |
148,934 - 151,345 |
103 |
TAIWAN |
1,12,242 |
91,672 - 170,369 |
113 |
|
UNITED KINGDOM |
1,38,808 |
138,808 - 138,808 |
22 |
|
CR PRODUCTS Total |
237 |
|||
LONG PRODUCTS |
TURKEY |
37,860 |
37,860 - 37,860 |
15 |
LONG PRODUCTS Total |
15 |
|||
OTHER FLAT PRODUCTS |
CHINA |
47,080 |
41,871 - 52,361 |
1,683 |
OTHER FLAT PRODUCTS Total |
1,683 |
|||
OTHER PRODUCTS |
TURKEY |
1,39,704 |
139,704 - 139,704 |
10 |
UNITED STATES |
1,60,064 |
160,058 - 160,065 |
38 |
|
PIPES & TUBES |
CHINA |
89,927 |
88,191 - 92,200 |
134 |
VIETNAM |
1,35,541 |
93,202 - 164,356 |
200 |
|
PIPES & TUBES Total |
334 |
|||
SCRAP |
AUSTRALIA |
17,163 |
15,952 - 18,373 |
486 |
BRAZIL |
18,432 |
18,432 - 18,432 |
504 |
|
HONDURAS |
18,233 |
18,233 - 18,233 |
115 |
|
MALAYSIA |
97,875 |
97,875 - 97,875 |
24 |
|
NEW ZEALAND |
24,144 |
24,052 - 24,236 |
1,031 |
|
UNITED ARAB EMIRATES |
21,742 |
14,017 - 23,137 |
6,746 |
|
UNITED KINGDOM |
17,063 |
14,357 - 18,373 |
1,337 |
|
UNITED STATES |
20,036 |
18,432 - 23,761 |
3,648 |
|
URUGAY |
18,433 |
18,433 - 18,433 |
252 |
|
SCRAP Total |
14,142 |
|||
VALUE ADDED PRODUCTS |
CHINA |
42,887 |
36,746 - 49,441 |
1,856 |
VALUE ADDED PRODUCTS Total |
1,856 |
|||
WIRES & WIRE RODS |
CHINA |
33,717 |
31,360 - 38,751 |
111 |
WIRES & WIRE RODS Total |
111 |
|||
Grand Total |
18,425 |