One bulk vessel of 35,200 MT scrap expected; more 3 vessels arrived back to back in last week of March and first week of April.
SteelMint assessed a bulk vessel of 35,200 MT of shredded scrap arriving at Kandla port by 13 Apr’16. The vessel name is Stove Campbell, moving from USA.
Arrived vessels:
The 1st vessel named Postojna has arrived at Kandla port on 21 Mar’16, carrying 35,200 MT of Shredded scrap from Netherlands. Market sources believe that vessel was majorly bought by Varssana at around USD 215/MT, CFR India.
Second vessel (Venture SW) carrying 10,500 MT Shredded scrap from Japan had arrived at Chennai port on 28 Mar ’16. Sources reported, the shipments were owned by Kamachi group, Chennai based steelmakers at around USD 210/MT, CFR India.
Next vessel (Team hope) has arrived at Kandla port on 5 Apr ’16. The vessel is carrying 31,000 MT scrap from USA. Sources shared that vessel is majorly owned by ASR Multi Metal at around USD 210/MT, CFR India.
Bulk Shipments of Scrap in 2016
| Berth Date | Vessel Name | Quantity | Discharge Port | Origin | Buyers | Grade |
| 8 Jan’16 | Puget Sound | 22,800 | Kandla | USA | MTC/ASR/Electrtherm/Varsana | Sh Scrap |
| 15 Jan’16 | Dl Pansy | 42,000 | Kandla | USA | Hariyana Group | Sh Scrap |
| 12 Feb’16 | Tasman Sea | 26,400 | Kandla | USA | Asr/Galant/Varsana/Neelkant | Sh Scrap |
| 2 Mar’16 | Elliott Bay | 26,250 | Kandla | USA | ASR | Sh Scrap |
| 2 Mar’16 | Harmony Sw | 10,500 | Chennai | Australia | MTC | Sh Scrap |
| 7 Mar’16 | Aurora Bulker | 30,500 | Kandla | USA | Adani/Mono Steel | Sh Scrap |
| 21 Mar’16 | Postojna | 35,200 | Kandla | Netherland | Varsana (Galantata/Electrtherm/Neelakanth) | Sh Scrap |
| 23 Mar’16 | Tai Shan | 10,150 | Chennai | Japan | MTC | Sh Scrap |
| 23 Mar’16 | Sea Star | 44,000 | Chennai | South Africa | MTC | Sh Scrap |
| 24 Mar’16 | Victoria Harbour | 19,300 | Chennai | USA | MTC | Sh Scrap |
| 28 Mar’16 | Venture Sw | 10,500 | Chennai | Japan | Kamatchi | Sh Scrap |
| 5 Apr’16 | Team Hope | 31,000 | Kandla | N/A | Mono Steel/Gallant | Sh Scrap |
| 13 Apr’16 | Stove Campbell | 35,200 | Kandla | USA | N/A | Sh Scrap |
| Total | 3,43,800 |
Source: SteelMint Stats, Custom
Provisional data
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