Bangladesh: Raw Material and Steel Bulk Imports in Nov’16

According to data with SteelMint, Bangladesh Coal import in Nov’16 surge M-o-M to 0.37 MnT against 0.18 MnT in Oct’16. Steel Making raw material like Scrap and HBI registered a fall in Import that is 29,700 and 33,000 MT respectively.

Bangladesh importer prefer scrap over billet owing to high import duty of 35%, In Nov’16 only one import shipment of Billet recorded. Sail export 17,000 MT billet from Haldia port to Chittagong port on vessel Coreocean OL.

Bangladesh Coal Import

The Country’s coal Import are affected by bad weather condition in Bay of Bengal, In FY17(Jul-Nov’16) only 0.75 MnT coal imported against 1.66 MnT in FY16(same period)

In Nov’16 Bangladesh imported 0.37 MnT of coal, major import was recorded from South Africa (0.16 MnT) and Indonesia (0.15 MnT) and the rest from Australia.

Bangladesh Raw Material and Steel Imports in FY17

Month Coal Scrap HBI  Steel Coil Steel Billet  Pig Iron
JUL16  NIL  45,650  14,550  100,900  115,850  NIL
AUG16  102,150  61,550  46,700  90,520  NIL  20,000
SEP16  100,300  54,200  50,000  111,250  27,000  33,750
OCT16  184,800  85,500  50,000  93,470  66,600  NIL
NOV16  365,000  29,700  33,000  109,390  17,000  NIL
Grand Total  752,250  276,600  194,250  505,530  226,450  53,750

Qty in MT
Source: SteelMint Stats, Custom
Provisional Data
Note: Bangladesh coal import from India  0.17 MnT (April’16 to August’16), which was not included in above table


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