Bangladesh: Bulk Steel Coil Imports Surge 6 % in Mar’17

Bangladesh – Asia’s most emerging steel markets with the steel capacity of 3 MnT in 2016 and is anticipated to grow 4.5-5 MnT in 2018 on account of various initiatives taken by government to drive nation’s steel production in coming time.

In Bangladesh FY16 (i.e. Jul’15-Jun’16) Bangladesh imported 0.94 MnT steel coil.

According to customs data maintained with SteelMint, Bangladesh bulk steel coil imports have witnessed increase the month of Mar’17.Moreover, on monthly analysis nation has recorded 6%,M-o-M basis boost in imports from 60,190 MT in Mar’17 to 63,720 MT in Apr’17.
Screenshot from 2017-05-01 18:29:49

Country Wise Bangladesh Steel Coil Imports Analysis
Out of 63,720 MT steel coil imported in Apr’17, 84% share was of Japan and rest was of India.

Shipment-wise details of bulk Steel coil imports to Bangladesh in Apr’17

Date         Quantity in MT           Vessel Name         Load Country        Load Port
1 Apr 17 10,160 Bsle Genova India Mumbai
4 Apr 17 20,630 African Falcon Japan Kashima
17 Apr 17 30,400 Marjatta P Japan Yokohama
30 Apr 17 2,530 Genius Star Vii Japan Yokohama

 

Provisional data
Source: SteelMint Stats,Customs

 

 

 


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