Myanmar has been the preferred destination for Indian bar and rod and Goa continues to be the top port destination for export of bar and rod from India during Nov’16.
As per the custom data available with SteelMint, export of bar and rod from India to various countries stood at about 25,600 MT during Nov’16, which slightly increased by 5% as compared to Oct’16.
India chiefly exported material to countries like Myanmar (10,500 MT), followed by Nepal (4,650 MT). Goa continue to be major Indian port for exports of bar and rod material to about 10,700 MT followed by Rexual Road (3,100 MT) and JNPT (2,700 MT) in Nov’16.
Major Indian exports are covered under chapter 7213, 7214, 7215, 7217, 7227, 7228
Indian bar and rod export since Apr’16
| Month | Total Export | M-o-M Change |
| Apr’16 | 16,000 | |
| May’16 | 30,800 | +93% |
| June’16 | 22,300 | -27% |
| July’16 | 10,800 | -52% |
| Aug’16 | 14,000 | +30% |
| Sep’16 | 32,200 | +131% |
| Oct’16 | 24,300 | -25% |
| Nov’16 | 25,600 | +5% |
Port-Wise data
|
Month |
JNPT | Rexual road (Bihar) | Goa | Others |
Total |
| Nov’16 | 2,700 | 3,200 | 10,700 | 9,000 | 25,600 |
Country-wise data
| Month | Nepal | Myanmar | Thailand | Others | Total |
| Nov’16 | 3,200 | 10,500 | 1,900 | 10,000 | 25,600 |
Quantity in MT, provisional data
Source: Custom data, SteelMint Research
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