India Steel Market Watch
November 20: Ferro alloy exports through the port of Paradip in October 2015 stood at 10,028 against 8,730 tons in September, showing an increase of 14.87% month-on-month, according to provisional data available with ISMW.
Exports of the material in October 2014 were at 7,416 tons.
With the October figures, total ferro alloy exports for the first seven months of the current fiscal of 2015-16 stood at 59,209 tons against 65,366 tons seen in the same period of the previous fiscal (2014-15).
Total ferro alloy exports through the port in fiscal 2014-15 were at 93,083 tons.
Following are the details of ferro alloy exports via Paradip in 2015-16 and 2014-15:
Month |
2015-16 (in tons) |
2014-15 (in tons) |
April |
4,574 |
11,860 |
May |
8,014 |
8,818 |
June |
11,263 |
10,039 |
July |
8,000 |
15,200 |
August |
8,600 |
7,922 |
September |
8,730 |
4,111 |
October |
10,028 |
7,416 |
November |
|
9,207 |
December |
|
nil |
January |
|
nil |
February |
|
8,680 |
March |
|
9,830 |
Total |
59,209 |
93,083 |
Following chart gives details of ferro alloy exports via Paradip Port in October 2015:
FERRO ALLOY EXPORT, PARADIP |
|||
Item Description |
Destination Country |
Unit Price (in Rs/Ton) |
Quantity (in Tons) |
FERRO CHROME |
CHINA |
58,575 |
1,347 |
58,580 |
124 |
||
58,580 |
466 |
||
59,163 |
263 |
||
59,163 |
1,642 |
||
59,163 |
186 |
||
SOUTH KOREA |
64,545 |
4,000 |
|
67,735 |
2,000 |
||
FERRO CHROME Total |
10,028 |
||
Grand Total |
10,028 |
In October 2015, exports comprised only ferro chrome to China and South Korea but in differing price bands.
In September 2015, a volume of 2730 tons at the average price rate of Rs.77653 per ton exported to Korea and remaining 6000 tons exported to South Korea at the rate of Rs. 66027 per ton.