Imports of steel, including scrap and stainless steel, through Vizag Port in April 2016 went down 42.75% month-on-month to 20,345 tons against 35,541 tons in March 2016, according to data available with ISMW.
Total imports of the commodity in fiscal 2015-16 stood at 554,942 tons.
Imports of the material during April 2016 stood lower by 30.81% against 29,406 tons seen in the same month of the previous fiscal.
The following table gives details of steel imports via Vizag for both financial years:
STEEL IMPORT, VIZAG |
|||
Port |
Month |
QTY |
|
2016-17 |
2015-16 |
||
VIZAG |
APR |
20,345 |
29,406 |
MAY |
93,842 |
||
JUN |
72,051 |
||
JUL |
84,838 |
||
AUG |
35,463 |
||
SEP |
32,015 |
||
OCT |
33,151 |
||
NOV |
31,659 |
||
DEC |
27,751 |
||
JAN |
44,926 |
||
FEB |
34,299 |
||
MAR |
35,541 |
||
VIZAG APRIL TOTAL |
20,345 |
29,406 |
|
VIZAG APRIL TO MARCH TOTAL |
554,942 |
Imports in April 2016 comprised 17,522 tons of scrap and 1,346 tons of long products mainly, amongst others.
March imports comprised 31,470 tons of scraps, 2,961 tons of wires and rods, 563 tons of long products, amongst others.
Further, of the total import volumes in April 2016, a volume of 3,655 tons of scrap arrived from the US, 5,429 tons of scrap from the UK, 1,835 tons of scrap from Brazil, amongst other countries.
Following table gives break-up of country-wise imports of steel via Vizag in April 2016:
STEEL IMPORT, VIZAG |
||||
Product |
Country Of Origin |
Avg. Unit Price (in Rs./Ton) |
Price Range (Rs/Ton) |
Quantity (in Tons) |
LONG PRODUCTS |
CHINA |
29,432 |
22,390 - 92,082 |
1,339 |
RUSSIA |
- |
- |
6 |
|
LONG PRODUCTS Total |
1,346 |
|||
OTHER PRODUCTS |
JAPAN |
167,645 |
167,645 - 167,645 |
19 |
RUSSIA |
178,179 |
178,179 - 178,179 |
2 |
|
OTHER PRODUCTS Total |
21 |
|||
PIPES & TUBES |
CHINA |
40,763 |
33,757 - 47,041 |
798 |
FRANCE |
269,170 |
269,170 - 269,170 |
5 |
|
PIPES & TUBES Total |
803 |
|||
PLATES & SLABS |
JAPAN |
62,195 |
60,805 - 64,280 |
48 |
PLATES & SLABS Total |
48 |
|||
SCRAP |
AUSTRALIA |
13,573 |
13,517 - 13,629 |
666 |
BRAZIL |
13,832 |
13,517 - 14,867 |
1,835 |
|
CANADA |
14,658 |
14,651 - 14,662 |
616 |
|
JAPAN |
14,801 |
14,734 - 14,867 |
379 |
|
NETHERLANDS |
68,304 |
68,304 - 68,304 |
491 |
|
NEW ZEALAND |
14,685 |
14,685 - 14,685 |
516 |
|
SENEGAL |
14,314 |
13,629 - 14,661 |
415 |
|
SOUTH KOREA |
31,874 |
14,856 - 66,716 |
1,843 |
|
THAILAND |
70,452 |
68,828 - 71,263 |
1,500 |
|
TOGO |
14,140 |
13,629 - 14,651 |
176 |
|
UNITED KINGDOM |
38,521 |
13,856 - 91,325 |
5,429 |
|
UNITED STATES |
70,086 |
18,825 - 94,129 |
3,655 |
|
SCRAP Total |
17,522 |
|||
VALUE ADDED PRODUCTS |
CHINA |
52,228 |
52,228 - 52,228 |
504 |
VALUE ADDED PRODUCTS Total |
504 |
|||
WIRES 7 WIRE RODS |
CHINA |
34,531 |
32,247 - 36,815 |
100 |
RUSSIA |
- |
- |
0.02 |
|
WIRES 7 WIRE RODS Total |
100 |
|||
Grand Total |
20,345 |