India Steel Market Watch
December 16: Imports of steel across various categories through Kandla Port increased 11.95% to 94,721 tons during the month of November 2015 compared to 84,605 tons in October 2015. Steel imports through the port also increased on a year-on–year basis, as the same was 54,102 tons in November 2014, according to data available with ISMW.
For the first eight months (April-November) of FY’16 steel imports through the port stood at 905,502 tons, up 87.37% against a volume of 483,244 tons imported in the same period a year ago.
Following table provides month-on-month imports of steel through Kandla Port in 2015-16 and 2014-15 (in tons):
STEEL IMPORT, KANDLA |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
KANDLA |
APR |
131,649 |
79,212 |
MAY |
94,813 |
30,722 |
|
JUN |
136,507 |
74,997 |
|
JUL |
100,805 |
40,850 |
|
AUG |
139,826 |
52,485 |
|
SEP |
122,577 |
106,498 |
|
OCT |
84,605 |
44,379 |
|
NOV |
94,721 |
54,102 |
|
DEC |
85,487 |
||
JAN |
76,126 |
||
FEB |
125,337 |
||
MAR |
90,218 |
||
KANDLA APRIL TO NOVEMBER TOTAL |
905,502 |
483,244 |
|
KANDLA APRIL TO MARCH TOTAL |
860,413 |
Following table gives break-up of country-wise imports of steel via Kandla Port in November 2015:
STEEL IMPORT, KANDLA |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
CR PRODUCTS |
JAPAN |
49,371 |
42,502 - 68,050 |
4,918 |
SOUTH KOREA |
40,724 |
37,092 - 41,214 |
4,957 |
|
CR PRODUCTS Total |
9,875 |
|||
HR PRODUCTS |
CHINA |
22,430 |
20,624 - 23,785 |
23,906 |
JAPAN |
29,512 |
24,265 - 57,668 |
40,276 |
|
SOUTH KOREA |
29,585 |
21,066 - 39,282 |
6,053 |
|
HR PRODUCTS Total |
70,235 |
|||
LONG PRODUCTS |
CHINA |
25,779 |
24,850 - 26,745 |
1,537 |
JAPAN |
75,446 |
60,934 - 108,545 |
551 |
|
LONG PRODUCTS Total |
2,087 |
|||
OTHER PRODUCTS |
NORWAY |
95,066 |
95,066 - 95,066 |
21 |
SOUTH AFRICA |
142,661 |
142,661 - 142,661 |
59 |
|
OTHER PRODUCTS Total |
80 |
|||
PIPES & TUBES |
JAPAN |
130,387 |
130,387 - 130,387 |
304 |
PIPES & TUBES Total |
304 |
|||
PLATES & SLABS |
SOUTH KOREA |
17,860 |
17,860 - 17,860 |
541 |
PLATES & SLABS Total |
541 |
|||
SCRAP |
SINGAPORE |
24,067 |
23,563 - 25,073 |
34 |
UNITED STATES |
16,460 |
16,003 - 19,086 |
6,000 |
|
VIETNAM |
39,602 |
39,602 - 39,602 |
100 |
|
SCRAP Total |
6,134 |
|||
STAINLESS STEEL PRODUCTS |
JAPAN |
94,961 |
82,371 - 133,469 |
336 |
SOUTH KOREA |
101,851 |
101,851 - 101,851 |
64 |
|
STAINLESS STEEL PRODUCTS Total |
400 |
|||
TINPLATES & TMBP |
SOUTH KOREA |
50,702 |
49,153 - 52,794 |
59 |
TINPLATES & TMBP Total |
59 |
|||
VALUE ADDED PRODUCTS |
JAPAN |
55,274 |
44,780 - 76,534 |
2,240 |
SOUTH KOREA |
51,080 |
48,497 - 61,043 |
400 |
|
VALUE ADDED PRODUCTS Total |
2,640 |
|||
WIRES & WIRE RODS |
CHINA |
24,592 |
24,493 - 24,691 |
1,624 |
JAPAN |
51,947 |
41,789 - 60,176 |
155 |
|
SOUTH KOREA |
43,479 |
37,887 - 48,983 |
586 |
|
WIRES & WIRE RODS Total |
2,365 |
|||
Grand Total |
94,721 |
In November 2015, imports comprised of 9,875 tons of CR products, 70,235 tons of HR products, 2,087 tons of long products, 6,134 tons of scrap, 2,640 tons of value-added products, 2,365 tons of wire and wire rods, among others products.
In October 2015, imports comprised of 12,758 tons of CR products, 40,703 tons of HR products, 1,736 tons of long products, 7,919 tons of scrap, 9,106 tons of value-added products, 6,850 tons of wire and wire rods, among others products.
Further, of the total imports during the month, 27,066 tons came from China, 48,779 tons from Japan, 12,660 tons from South Korea among others, at various price ranges.