India Steel Market Watch
October 28: Exports of steel products, including stainless steel, through the port of Vizag surged by 124.43% to 101,160 tons in September 2015 from a volume of 45,074 tons in August 2015, as per provisional information available with ISMW.
Exports of the material in September 2015, however, stood at 135,808 tons.
With the September figures, total steel exports through the port in the first six months of the current fiscal of 2015-16 stood at 383,975 tons against 561,431 tons reported in the same period of the previous fiscal, showing a 31.60% year-on-year drop.
In financial year 2014-15, total steel exports through the port stood at 1,057,279 tons.
The following table provides monthly details of steel exports via Vizag Port in 2015-16 and 2014-15:
STEEL EXPORT, VIZAG |
|||
Port |
Month |
QTY |
|
2015-16 |
2014-15 |
||
VIZAG |
APR |
69,311 |
78,503 |
MAY |
98,888 |
101,071 |
|
JUN |
25,579 |
62,061 |
|
JUL |
43,963 |
99,568 |
|
AUG |
45,074 |
84,420 |
|
SEP |
101,160 |
135,808 |
|
OCT |
115,320 |
||
NOV |
75,614 |
||
DEC |
123,379 |
||
JAN |
58,153 |
||
FEB |
43,016 |
||
MAR |
80,365 |
||
VIZAG APRIL TO SEPTEMBER TOTAL |
383,975 |
561,431 |
|
VIZAG APRIL TO MARCH TOTAL |
1,057,279 |
Following table gives break-up of country-wise exports of steel via Vizag in September 2015:
STEEL EXPORT, VIZAG |
||||
Product |
Destination Country |
Avg. Unit Price (in Rs./Ton) |
Price Range |
Quantity (in Tons) |
CR PRODUCTS |
BELGIUM |
151,979 |
151,979 - 151,979 |
1 |
SRI LANKA |
33,853 |
32,340 - 35,861 |
851 |
|
CR PRODUCTS Total |
852 |
|||
HR PRODUCTS |
KUWAIT |
33,773 |
33,773 - 33,773 |
73 |
MALAYSIA |
49,488 |
49,482 - 49,495 |
255 |
|
UNITED ARAB EMIRATES |
41,682 |
40,632 - 46,242 |
775 |
|
HR PRODUCTS Total |
1,103 |
|||
LONG PRODUCTS |
AUSTRALIA |
59,732 |
48,386 - 68,720 |
282 |
BAHRAIN |
35,482 |
35,482 - 35,482 |
25 |
|
BANGLADESH |
21,540 |
21,450 - 21,675 |
50,325 |
|
COLOMBIA |
54,875 |
54,145 - 55,058 |
24 |
|
KUWAIT |
36,616 |
35,714 - 39,142 |
1,190 |
|
OMAN |
54,321 |
54,321 - 54,321 |
24 |
|
SAUDI ARABIA |
35,803 |
35,647 - 36,585 |
50 |
|
SRI LANKA |
23,937 |
21,056 - 33,450 |
26,199 |
|
UNITED ARAB EMIRATES |
53,349 |
53,349 - 53,349 |
124 |
|
LONG PRODUCTS Total |
78,243 |
|||
PLATES & SLABS |
KUWAIT |
41,686 |
34,097 - 46,521 |
5,937 |
PLATES & SLABS Total |
5,937 |
|||
STAINLESS STEEL PRODUCTS |
BELGIUM |
155,469 |
96,313 - 219,828 |
3,265 |
BULGARIA |
154,399 |
141,456 - 206,392 |
41 |
|
FRANCE |
139,928 |
100,370 - 149,508 |
131 |
|
GERMANY |
149,666 |
145,913 - 152,736 |
144 |
|
INDONESIA |
98,516 |
63,479 - 165,057 |
4,942 |
|
ISRAEL |
86,619 |
81,974 - 90,157 |
88 |
|
ITALY |
156,176 |
114,467 - 218,373 |
138 |
|
NETHERLANDS |
156,660 |
153,987 - 159,334 |
50 |
|
POLAND |
155,698 |
143,287 - 215,684 |
395 |
|
PORTUGAL |
143,234 |
140,310 - 149,080 |
24 |
|
RUSSIA |
143,798 |
78,677 - 157,162 |
90 |
|
SOUTH KOREA |
108,430 |
107,553 - 109,307 |
172 |
|
SPAIN |
158,380 |
139,501 - 217,026 |
634 |
|
TAIWAN |
132,861 |
132,861 - 132,861 |
73 |
|
THAILAND |
135,335 |
135,335 - 135,335 |
21 |
|
TURKEY |
132,647 |
93,746 - 189,175 |
183 |
|
UNITED ARAB EMIRATES |
171,348 |
140,789 - 186,627 |
45 |
|
UNITED KINGDOM |
151,777 |
151,419 - 152,135 |
57 |
|
UNITED STATES |
141,579 |
122,594 - 196,450 |
188 |
|
VIETNAM |
104,964 |
79,260 - 121,228 |
300 |
|
STAINLESS STEEL PRODUCTS Total |
10,981 |
|||
VALUE ADDED PRODUCTS |
IRAN |
41,654 |
41,118 - 41,778 |
825 |
IVORY COAST |
47,705 |
47,705 - 47,705 |
551 |
|
SENEGAL |
44,014 |
41,910 - 48,137 |
1,099 |
|
UNITED ARAB EMIRATES |
44,256 |
40,392 - 46,521 |
1,569 |
|
VALUE ADDED PRODUCTS Total |
4,044 |
|||
Grand Total |
101,160 |
September exports included 5,937 tons of plates and slabs, 78,243 tons of long products, 10,981 tons of stainless steel products amongst other items. All were sent to several countries in differing price bands.
In August, exports included 2,049 tons of CR products, 22,781 tons of long products, 9,523 tons of stainless steel products amongst other items. All were sent to several countries in differing price bands.
Further, of the total volumes in September, 50,325 tons of long products went to Bangladesh, 27,050 tons (26,199 tons of long products and 851 tons of CR products) went to Sri Lanka and 4,942 tons of stainless steel products to Indonesia, amongst others.