Indian Billet Exports from Mundra and Kandla Port

Indian induction furnace grade billets are gaining popularity in South East Asian market owing to absence of Chinese billets. We have collated data for billet exports from Kandla and Mundra port (India’s West Coast) for the month of October 2017, which has showed some significant growth in terms of volumes. Indian billet exports are likely to cross 2 million tonnes in 2017, majority of which is to Nepal through (rail/road).

Billet Export from Kandla and Mundra ports in Oct’17 

Port Exporter Importing Country Quantity in MT Prices in USD/MT (FoB India)
Kandla
Mono Steel Indonesia 40951 473
Varsana Ispat Phillippines 7350 452
Total Kandla     48,301 468
Mundra







Mono Steel

Kenya 4982 506
Indonesia 1998 485
East Africa 1966 453
Total   8946 482
ART Exim Sudan 3640 503
Varsana Ispat Kenya 780 517
  Mauritius 412 484
Total   1193 501
Shreeyam Power & Steel Industries Kenya 547 517
Total Mundra     14,326 495
Grand Total     62,627 489

Source: SteelMint


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