In December 2015, the volume of steel imports rose 63.31% to 31,268 tons against 19,146 tons in November, as provisional information available with ISMW shows. Volumes have been swinging wildly as the chart below indicates.
Imports in the first nine months (April to December) of the current fiscal of 2015-16 were at 66,765 tons against a mere 115 tons in the same period of the previous fiscal. Imports of the material in December 2014 were at a mere 21 tons.
Imports of the commodity have been scant throughout the last financial year of 2014-15 with the total being at a mere 115 tons.
The following chart gives details:
STEEL IMPORT, PARADIP |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
PARADIP |
APR |
35 |
5 |
MAY |
11 |
23 |
|
JUN |
5,342 |
4 |
|
JUL |
5,358 |
- |
|
AUG |
47 |
- |
|
SEP |
100 |
61 |
|
OCT |
5,459 |
- |
|
NOV |
19,146 |
- |
|
DEC |
31,268 |
21 |
|
JAN |
- |
||
FEB |
- |
||
MAR |
- |
||
PARADIP APRIL TO DECEMBER TOTAL |
66,765 |
115 |
|
PARADIP APRIL TO MARCH TOTAL |
115 |
The following table gives details of steel imports via Paradip Port in December 2015:
STEEL IMPORT, PARADIP |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
LONG PRODUCTS |
SINGAPORE |
28,928 |
28,928 - 28,928 |
10,787 |
LONG PRODUCTS Total |
10,787 |
|||
PLATES & SLABS |
INDONESIA |
20,804 |
20,804 - 20,804 |
20,481 |
PLATES & SLABS Total |
20,481 |
|||
Grand Total |
31,268 |
December 2015 imports included 10,787 tons of long products which arrived from Singapore at an average price of Rs 28,928 per ton and 20,481 tons of plates and slabs at an average price of Rs 20,804 per ton from Indonesia.
In November 2015, the entire volume comprised other flat products and arrived from Russia at an average price of Rs 23,063 per ton.
Source: ISMW