India Steel Market Watch
December 16: Steel exports through the port of Paradip in November 2015 spurted 101.78% to 5,105 tons, against 2,530 tons in October 2015, albeit on a low base, according to provisional data available with ISMW.
With the November figures, total steel exports for the first eight months of the current fiscal of 2015-16 stood at 22,654 tons against a much lower 8,518 tons in the same period of the previous fiscal.
In November 2014, exports of the material stood at nil.
Total exports of the material in 2014-15 stood at a nominal 12,452 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 |
349 |
||
JAN |
1,571 |
||
FEB |
547 |
||
MAR |
1,467 |
||
PARADIP APRIL TO NOVEMBER TOTAL |
22,654 |
8,518 |
|
PARADIP APRIL TO MARCH TOTAL |
12,452 |
In November 2015, the entire volume comprised HR products, at an average price range of Rs 70,337 -Rs 110,088 per ton. The material went to Indonesia (4,971 tons) and Vietnam (134 tons).
In October 2015, the entire volume comprised HR products, at an average price range of Rs 72,803-Rs 83,661 per ton. The material went to Indonesia (1,989 tons) and Vietnam (541 tons).
The following table contains details of steel exports via Paradip Port in November 2015:
STEEL EXPORT, PARADIP |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
HR PRODUCTS |
INDONESIA |
110,088 |
10,499 - 970,368 |
4,971 |
VIETNAM |
70,337 |
63,740 - 73,797 |
134 |
|
HR PRODUCTS Total |
5,105 |
|||
Grand Total |
5,105 |