Steel exports through the port of Paradip in March 2016 went down a sharp 62.74% to 706 against 1,895 tons in February 2016, according to provisional data available with ISMW.
With the March 2016 figures, total steel exports for fiscal 2015-16 stood at 32,053 tons against a much lower 12,452 tons in the same period of the previous fiscal, showing a year-on-year increase of 157.41%.
In March 2015, exports of the material stood at 1,467 tons.
The following table gives details for 2015-16 and 2014-15:
STEEL EXPORT, PARADIP |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
PARADIP |
APR |
2,823 |
- |
MAY |
2,683 |
- |
|
JUN |
3,531 |
6,399 |
|
JUL |
1,414 |
- |
|
AUG |
1,367 |
- |
|
SEP |
3,201 |
- |
|
OCT |
2,530 |
2,119 |
|
NOV |
5,105 |
- |
|
DEC |
5,330 |
349 |
|
JAN |
1,468 |
1,571 |
|
FEB |
1,895 |
547 |
|
MAR |
706 |
1,467 |
|
PARADIP APRIL TO MARCH TOTAL |
32,053 |
12,452 |
|
In March 2016, the entire volume comprised HR products, but at an average price of Rs 70,092 per ton. The material went to Vietnam.
In February 2016, the entire volume comprised HR products too and went to Indonesia in differing price bands.
The following table contains details of steel exports via Paradip Port in March 2016:
STEEL EXPORT, PARADIP |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
HR PRODUCTS |
VIETNAM |
70,092 |
68,874 - 71,065 |
706 |
HR PRODUCTS Total |
706 |
|||
Grand Total |
706 |