Pakistan bulk imports increased by 116% M-o-M with rise in demand of coal from power and cement sector. HRC import recorded at 0.1 MnT in Mar’18.
Coal import supported with fall in global prices and increase in availability of coal at South Africa and Indonesia ports, import from South Africa was up by 121% in Mar’18 M-o-M.
As per vessel line up data, no scrap import shipment was recorded in March. Bulk scrap import in April expected to remain silent as no fresh deals was heard owing to devaluation of Pakistan currency against USD and as per traders current price is higher in global market.
There was consecutive increase in monthly import shipment of HRC from japan and Russia from 51,000 MT in Dec’17 to 113,100 MT in Mar’18.
SteelMint Analysis for March Bulk Import
1.Pakistan total coal import in FY18(Apr-Mar’18) is at 11.8 MnT
2.Coal import in March (1.6 MnT) is recorded highest in FY18
3.Coal import from Indonesia up by 104.3% M-o-M
4.HRC import in March recorded at 0.11 MnT against 0.12 MnT last month
5.No bulk Scrap, Pet Coke and Mill Scale shipment recorded in Mar’18
Pakistan Bulk Import Data
| Month | Coal | HRC | SCRAP | PET COKE | Grand Total |
| Nov 17 | 1,096,763 | 36,280 | – | – | 1,133,043 |
| Dec 17 | 868,393 | 51,650 | 30,020 | 33,000 | 983,063 |
| Jan 18 | 1,009,107 | 96,070 | – | 58,010 | 1,163,187 |
| Feb 18 | 729,447 | 124,973 | – | 27,500 | 881,920 |
| Mar 18 | 1,580,830 | 113,130 | – | – | 1,693,960 |
| Grand Total | 5,284,540 | 422,103 | 30,020 | 118,510 | 5,855,173 |
Qty in MT
Source: SteelMint Stats, Custom
Provisional Data
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