Imports of steel, including scrap and stainless steel, through Vizag Port in March 2016 edged up 3.62% month-on-month to 35,541 tons against 34,299 tons in February 2016, according to data available with ISMW.
With the March figures, total imports of the commodity in fiscal 2015-16 stood higher by 54.04% at 554,942 tons against 360,236 tons recorded in the previous fiscal.
Imports of the material during March 2015 were at 22,396 tons.
The following table gives details of steel imports via Vizag for both financial years:
STEEL IMPORT, VIZAG |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
VIZAG |
APR |
29,406 |
15,512 |
MAY |
93,842 |
22,929 |
|
JUN |
72,051 |
51,309 |
|
JUL |
84,838 |
45,163 |
|
AUG |
35,463 |
34,446 |
|
SEP |
32,015 |
32,257 |
|
OCT |
33,151 |
16,886 |
|
NOV |
31,659 |
37,442 |
|
DEC |
27,751 |
35,778 |
|
JAN |
44,926 |
20,933 |
|
FEB |
34,299 |
25,184 |
|
MAR |
35,541 |
22,396 |
|
VIZAG APRIL TO MARCH TOTAL |
554,942 |
360,236 |
March imports comprised 31,470 tons of scraps, 2,961 tons of wires and rods, 563 tons of long products, amongst others.
Imports in February 2016 comprised 33,612 tons of scrap and 568 tons of pipes and tubes amongst others.
Further, of the total import volumes in March 2016, 4,346 tons of scrap arrived from the US, 9,561 tons of scrap from the UK, 2,971 tons of scrap from Brazil, amongst other countries.
Following table gives break-up of country-wise import of steel via Vizag in March 2016:
STEEL IMPORT, VIZAG |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
HR PRODUCTS |
BELGIUM |
75,030 |
71,909 - 77,902 |
79 |
CHINA |
22,919 |
22,572 - 23,267 |
227 |
|
HR PRODUCTS Total |
306 |
|||
LONG PRODUCTS |
CHINA |
22,919 |
22,572 - 23,267 |
563 |
LONG PRODUCTS Total |
563 |
|||
OTHER PRODUCTS |
JAPAN |
169,621 |
169,621 - 169,621 |
19 |
OTHER PRODUCTS Total |
19 |
|||
PIPES & TUBES |
CHINA |
48,014 |
39,032 - 65,246 |
76 |
PIPES & TUBES Total |
76 |
|||
SCRAP |
AUSTRALIA |
14,207 |
13,740 - 14,977 |
1,980 |
BRAZIL |
14,658 |
13,740 - 15,527 |
2,971 |
|
CANADA |
37,300 |
14,771 - 50,942 |
158 |
|
JAPAN |
15,104 |
14,856 - 15,186 |
1,331 |
|
NEW ZEALAND |
14,847 |
14,634 - 14,977 |
3,391 |
|
PARAGUAY |
14,083 |
13,740 - 14,771 |
728 |
|
PHILIPPINES |
13,740 |
13,740 - 13,740 |
26 |
|
SINGAPORE |
14,633 |
14,633 - 14,633 |
485 |
|
SOUTH AFRICA |
13,932 |
13,932 - 13,932 |
78 |
|
SOUTH KOREA |
29,104 |
14,856 - 70,986 |
1,979 |
|
THAILAND |
70,408 |
69,389 - 71,822 |
4,150 |
|
TOGO |
14,771 |
14,771 - 14,771 |
197 |
|
UNITED KINGDOM |
22,638 |
14,634 - 91,374 |
9,651 |
|
UNITED STATES |
65,295 |
18,825 - 95,019 |
4,346 |
|
SCRAP Total |
31,470 |
|||
VALUE ADDED PRODUCTS |
CHINA |
45,282 |
45,282 - 45,282 |
145 |
VALUE ADDED PRODUCTS Total |
145 |
|||
WIRES & WIRE RODS |
CHINA |
22,949 |
22,949 - 22,949 |
2,961 |
WIRES & WIRE RODS Total |
2,961 |
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Grand Total |
35,541 |