India’s Flat Steel Imports Up by 14% at Kandla & Mundra Ports In Oct’16

In  Oct’16   India’s   HRC,  CRC  and  Plate  imports  at  Kandla  and  Mundra  ports  have  registered  a  hike  of  14%  against  imports  in  the  month  of  Sep’16.

India   imported   about   15,975 MT   of   HRC  (against  10,034  tonnes  in  Sep’16),   2,918  tonnes   of   CRC   (against 6,320 tonnes in Sep’16)   and   22,054   tonnes   of   Plates    (against  19,450  tonnes in Sep’16)   at   Kandla   &   Mundra   port.

This   month-on-month   rise   in   flat   products   import   signals   the   subsequent   impact   of    various   trade   restrictions   such   as   safeguard   duty   and   anti-dumping   duty .

In   Oct’16   highest   HRC   importer   at   Kandla   port   was   Indian   Steel   Corporation   which   imported   4,883 MT   of   HR  coils   from   Japan   and   the   same   company   imported   3,080 MT   at   Mundra   Port   from   Korea.

In   case   of   CRC,   Posco   India   Delhi   Processing   Steel  Ltd   imported   highest   quantity,    1,283MT   from   Korea.   Whereas,   in   case   of   plates,   Welspun   India   imported   a   total   of    22,054 MT   from   Korea   and   France   at   Mundra   port.

HRC imports at Kandla & Mundra ports in Oct’16

Importing Company Port name Exporting country HS Code Qty in MTS
Bhushan Steel Kandla Japan 72083830 186.72
72083830 655.42
72083830 107.33
72083830 466.71
72083830 277.84
72083830 338.75
Indian Steel Corporation Kandla Japan 72083840 150.03
72083840 190.38
72083840 154.65
72083840 103.97
72083840 219.46
72083840 212.24
72083740 97.11
72083940 1022.65
72083740 101.5
72083940 657.22
72083940 167.64
72083840 278.88
72083840 202
72083740 209.27
72083740 194.51
72083740 203.01
72083940 199.9
72083940 148.14
72083940 370.29
Maurya Udyog Ltd Kandla Korea 72089000 1650
72089000 299.36
72089000 582.57
72089000 150.06
72089000 151.3
Rajasthan Prime Steel Processing Pvt.Ltd Kandla Japan 72082730 20.41
72082730 21.16
72082730 14.2
72082730 6.04
72082730 7.42
72082730 13.75
72082730 21.44
72082630 22.72
Indian Steel Corporation Mundra Korea 72083990 1009.47
72083990 520.31
72083990 23.27
72083990 1018.24
72083990 206.72
72083990 203.04
72083990 99.76
Maruti Suzuki Ltd Mundra Japan 72082790 26.8
72082790 131.86
Welspun Corp.Ltd Mundra Korea/France 72083690 378.68
72083790 2480.37
Total       15975

Source: SteelMint Research

Link to CRC & plates imports at Kandla & Mundra ports in Oct’16


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