India Steel Market Watch
November 25: Steel imports through the port of Kolkata dropped a sharp 47.16% to 58,588 tons in October 2015 against 110,850 tons in September month-on-month, as per provisional information available with ISMW.
Steel imports in October 2014 were almost flat at 58,193 tons.
With the October figures, imports of the material for the first seven months (first half) of the current fiscal of 2015-16 were at 512,117 tons against a much lower 336,463 tons recorded for the same period in the previous fiscal.
Fiscal 2014-15 ended with import volumes of the material at 700,828 tons.
Following are the month-wise import details for 2015-16 and 2014-15:
STEEL IMPORT, KOLKATA |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
KOLKATA |
APR |
45,786 |
31,234 |
MAY |
69,361 |
52,769 |
|
JUN |
40,257 |
31,732 |
|
JUL |
101,649 |
48,550 |
|
AUG |
85,626 |
30,954 |
|
SEP |
110,850 |
83,031 |
|
OCT |
58,588 |
58,193 |
|
NOV |
40,030 |
||
DEC |
80,324 |
||
JAN |
72,043 |
||
FEB |
86,582 |
||
MAR |
85,386 |
||
KOLKATA APRIL TO OCTOBER TOTAL |
512,117 |
336,463 |
|
KOLKATA APRIL TO MARCH TOTAL |
700,828 |
Following are the details of steel imports through Kolkata Port in October 2015:
STEEL IMPORT, KOLKATA |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
CR PRODUCTS |
JAPAN |
34,691 |
30,082 - 76,165 |
7,128 |
POLAND |
112,206 |
108,906 - 115,506 |
47 |
|
RUSSIA |
106,979 |
105,606 - 108,353 |
119 |
|
UNITED STATES |
119,844 |
119,844 - 119,844 |
74 |
|
CR PRODUCTS Total |
7,368 |
|||
DEFECTIVES & SECONDARY PRODUCTS |
AUSTRALIA |
33,106 |
33,106 - 33,106 |
50 |
BELGIUM |
35,634 |
29,460 - 39,142 |
1,023 |
|
CHINA |
38,071 |
34,093 - 55,292 |
182 |
|
ITALY |
37,125 |
36,146 - 38,104 |
136 |
|
JAPAN |
32,981 |
28,392 - 38,798 |
1,629 |
|
MALAYSIA |
29,184 |
29,035 - 29,790 |
809 |
|
SOUTH AFRICA |
38,426 |
38,425 - 38,426 |
103 |
|
SOUTH KOREA |
32,081 |
32,081 - 32,081 |
48 |
|
SWEDEN |
30,090 |
30,090 - 30,090 |
28 |
|
TAIWAN |
28,466 |
28,218 - 28,714 |
493 |
|
THAILAND |
29,074 |
29,074 - 29,074 |
103 |
|
TURKEY |
35,808 |
35,808 - 35,808 |
49 |
|
UNITED STATES |
36,615 |
35,416 - 38,158 |
495 |
|
DEFECTIVES & SECONDARY PRODUCTS Total |
5,150 |
|||
HR PRODUCTS |
CHINA |
23,647 |
23,647 - 23,647 |
982 |
GERMANY |
90,312 |
80,704 - 111,448 |
7 |
|
JAPAN |
45,420 |
21,692 - 81,681 |
23,308 |
|
SWEDEN |
91,362 |
64,703 - 96,209 |
214 |
|
HR PRODUCTS Total |
24,511 |
|||
LONG PRODUCTS |
CHINA |
110,131 |
26,391 - 384,166 |
150 |
JAPAN |
70,023 |
65,960 - 74,086 |
115 |
|
LUXEMBOURG |
58,920 |
57,781 - 61,049 |
51 |
|
SLOVENIA |
151,587 |
38,027 - 388,148 |
132 |
|
THAILAND |
- |
- |
1 |
|
UNITED KINGDOM |
240,316 |
238,936 - 241,697 |
69 |
|
LONG PRODUCTS Total |
518 |
|||
OTHER FLAT PRODUCTS |
CHINA |
38,186 |
35,553 - 40,294 |
376 |
TAIWAN |
48,909 |
48,909 - 48,909 |
199 |
|
OTHER FLAT PRODUCTS Total |
575 |
|||
OTHER PRODUCTS |
CHINA |
72,307 |
0 - 120,512 |
43 |
FRANCE |
50,651 |
50,651 - 50,651 |
27 |
|
GERMANY |
56,975 |
56,975 - 56,975 |
81 |
|
UNITED STATES |
- |
- |
8 |
|
OTHER PRODUCTS Total |
159 |
|||
PIPES & TUBES |
CHINA |
43,641 |
0 - 306,300 |
1,272 |
FRANCE |
284,491 |
278,662 - 287,405 |
121 |
|
JAPAN |
- |
- |
2 |
|
MALAYSIA |
54,117 |
54,117 - 54,117 |
25 |
|
SWEDEN |
- |
- |
2 |
|
UNITED STATES |
93,906 |
77,294 - 100,957 |
18 |
|
PIPES & TUBES Total |
1,440 |
|||
PLATES & SLABS |
CHINA |
- |
- |
0.08 |
PLATES & SLABS Total |
0.08 |
|||
SCRAP |
AUSTRALIA |
23,027 |
23,027 - 23,027 |
119 |
BANGLADESH |
24,792 |
24,429 - 25,155 |
150 |
|
CANADA |
22,061 |
21,531 - 22,694 |
120 |
|
MALAYSIA |
32,249 |
32,059 - 32,440 |
114 |
|
MOZAMBIQUE |
23,025 |
23,025 - 23,025 |
184 |
|
NEW ZEALAND |
50,109 |
50,109 - 50,109 |
16 |
|
SOUTH AFRICA |
22,913 |
22,441 - 23,025 |
1,905 |
|
THAILAND |
24,972 |
24,055 - 26,792 |
265 |
|
UNITED KINGDOM |
24,401 |
24,052 - 24,661 |
1,022 |
|
UNITED STATES |
36,519 |
21,914 - 112,447 |
2,436 |
|
VIETNAM |
50,113 |
50,113 - 50,113 |
198 |
|
SCRAP Total |
6,527 |
|||
STAINLESS STEEL PRODUCTS |
CHINA |
56,350 |
0 - 100,801 |
288 |
STAINLESS STEEL PRODUCTS Total |
288 |
|||
VALUE ADDED PRODUCTS |
CHINA |
42,839 |
36,746 - 44,018 |
374 |
VALUE ADDED PRODUCTS Total |
374 |
|||
WIRES & WIRE RODS |
CAMEROON |
118,642 |
118,642 - 118,642 |
10 |
CHINA |
63,920 |
0 - 241,488 |
9,505 |
|
GERMANY |
- |
- |
0.28 |
|
JAPAN |
31,535 |
0 - 94,606 |
115 |
|
RUSSIA |
- |
- |
0.00 |
|
SOUTH KOREA |
54,444 |
22,579 - 86,309 |
2,047 |
|
SWITZERLAND |
159,667 |
159,667 - 159,667 |
1 |
|
WIRES & WIRE RODS Total |
11,678 |
|||
Grand Total |
58,588 |
In October 2015, imports comprised 7,386 tons of CR products, 5,150 tons of defectives and secondary products, 24,511 tons of HR products, 11,678 tons of wires and wire rods among other items. All the categories arrived from various countries in differing price bands.
September 2015 imports were mainly buoyed by HR products whose volumes comprised 64,162 tons. Others included 6,831 tons of defectives and secondary products, 20,154 tons of CR products, 7,899 tons of wires and wire rods among other items. All the categories arrived from various countries in differing price bands.
Further, in October, a volume of 13,172 tons of various products arrived from China, 32,298 tons from Japan, and 2,095 tons from South Korea, amongst others.