As per recent released data by Thailand customs it is observed that the nation has imported about 180,000 MT Billet in September 2017.
The imports have marginally increase approximately 6% M-o-M in Sep’17 against 170,000 MT in Aug’17 & Sep’16. During Aug’17, Iran has exported more than 55% (100,000 MT) of Billet to Thailand.
Coming to total imports in Jan-Sep’17, the nation has imported about 1.50 MnT Billet; down by 54% as compared to 3.26 MnT in the same preceding last year.
In the duration of Jan-Sep’17 – Iran, Japan & Brazil was the major Billet exporter to Thailand which exported about 0.61 MnT (40.54%), 0.26 MnT (17.16%) & 0.11 MnT (7.20%), respectively.
Presently, the export offers of Billet are assessed at USD 470-480/MT FoB India.
India continues to remain the largest Pig iron supplier to Thailand
In 2017 (Jan-Sep) – India, Brazil & Vietnam was the major pig iron exporters to Thailand which exported about 160,000 MT (55.44%), 40,000 MT (14.60%) & 20,000 MT (8.16%), respectively.
While, in September 2017, it is observed that the nation has nil imports. Prior to this, on M-o-M in Aug’17 it increased about 66% to 50,000 MT against 30,000 MT in July’17.
Top load Country (Jan-Sep’17), Billet
| Country | Quantity | % Share |
| Iran | 0.61 | 40.54 |
| Japan | 0.26 | 17.16 |
| Brazil | 0.11 | 7.2 |
| Russia | 0.11 | 7.17 |
| Indonesia | 0.1 | 6.69 |
| India | 0.07 | 4.94 |
| China | 0.07 | 4.73 |
| United Arab Emirates | 0.05 | 3.1 |
| Oman | 0.03 | 2.24 |
| Ukraine | 0.03 | 1.99 |
| Bahrain | 0.03 | 1.69 |
| Others | 0.04 | 2.53 |
| Grand Total | 1.5 | 100 |
Quantity in MnT
Sources: SteelMint Stats.
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