Indian Bulk Scrap Import 2015 Vs 2016

Bulk scrap shipment to India rose continuously in 2016.

As per SteelMint’s assessment, about 27 bulk shipments of scrap were recorded in year 2015, aggregating around 748,900 MT scrap.

While, about 12 bulk shipments of scrap have being recorded in 2016 (till Mar’16), aggregating appox 308,600MT.

Reasons for increase in bulk shipments:

1. Shift in interest to billet: Cheaper billet offered by China had flooded global steel market. Major scrap buyers had shifted their interest from scrap to Chinese billet. This had resulted in price pressure on scrap. India took the advantage and booked bulk vessel at affordable rates.

2. Turkey import fall in 2015: Turkey, largest importer of ferrous scrap, witnessed a fall of around 14.5% Y-o-Y in 2015. Turkey, which had imported about 19 MnT scrap in 2014, had managed to import 16.25 MnT of scrap in 2015.

Hence, the exporters were also desperately finding scrap buyers for the left out quantities, which they have found as in India.

Bulk scrap shipment detail of 2015

Berth Date	Vessel Name	Quantity	Discharge Port	Origin	Buyers	Grade
3 Jan’15	Christos Theo	41,800	Kandla	Oakland	Hariyana Group	N/A
1 Mar’15	Wizard	5,456	Mundra	Russia	N/A	N/A
5 Apr’15	Ikan Jenahar	40,300	Mundra	Australia	N/A	N/A
11 Apr’15	Achilleus	41,000	Kandla	USA	Hariyana Group	N/A
14 Apr’15	Bunun Brave	41,450	Chennai	USA	Surya Dev	N/A
20 May’15	Orient Alliance	31,450	Kandla	Australia	MTC	Sh Scrap
23 May’15	New General	33,600	Chennai	USA	Surya Dev/MTC	Sh Scrap
21 May’15	Zenith Explorer	24,200	Mundra	Australia	N/A	HMS/Bonus Grade
7 Jun’15	Alam Suria	25,000	Vizag	Australia	N/A	N/A
29 Jun’15	Audrey Sw	9,000	Kandla	Australia	N/A	N/A
30 Jun’15	Neptune Pioneer	27,500	Cochin	USA	N/A	N/A
4 Jul’15	Kaiti Hill	21,000	Kandla	USA	N/A	N/A
8 Jul’15	Star Capella	35,200	Vizag	USA	Hariyana Ship Breakers	N/A
8 Jul’15	Yasa Emirhan	40,700	Kandla	USA	N/A	N/A
29 Sep’15	Marine Princess	28,700	Mundra	South Africa	Adani/Mono Steel	Bonus Grade
3 Oct’15	Nord Huston	10,500	Chennai	USA	BMM Ispat	N/A
13 Oct’15	Nord Huston	20,000	Mundra	USA	N/A	Hms/Sh Scrap
4 Nov’15	Stove Campbell	40,000	Kandla	USA	Hariyana Group	Sh Scrap
12 Nov’15	Hainan Island	30,700	Chennai	USA	Kamatchi	Sh Scrap
14 Nov’15	Fodas Pescodores	10,500	Vizag	Japan	MTC Business	Sh Scrap + HMS
22 Nov’15	New Legend Pearl	30,850	Chennai	USA	N/A	Sh Scrap
24 Nov’15	Nordic Yarra	16,500	Chennai	Australia/USA	Adani	Sh Scrap
3 Dec’15	Privaegean	39,900	Kandla	USA	Tata International	Sh Scrap
5 Dec’15	Nordic Yarra	13,900	Mundra	Australia	Adani	Sh Scrap
10 Dec’15	Iss Breeze	35,000	Kandla	USA	N/A	Sh Scrap
12 Dec’15	Shikoku Island	27,500	Chennai	USA	Kamachi	HMS/Sh Scrap
30 Dec’15	Mount Hope	27,200	Chennai	USA	MTC	Sh Scrap
	Total	748,906

Quantity in MT
Source: SteelMint Research

Bulk scrap shipment detail of 2016

Berth Date	Vessel Name	Quantity	Discharge Port	Origin	Buyers	Grade
8 Jan’16	Puget Sound	22,800	Kandla	USA	MTC/ASR/Electrotherm/Varsana	Sh Scrap
15 Jan’16	Dl Pansy	42,000	Kandla	USA	Hariyana Group	Sh Scrap
12 Feb’16	Tasman Sea	26,400	Kandla	USA	ASR/Galant/Varsana/Neelkant	Sh Scrap
2 Mar’16	Elliott Bay	26,250	Kandla	USA	ASR	Sh Scrap
2 Mar’16	Harmony SW	10,500	Chennai	Australia	MTC	Sh Scrap
7 Mar’16	Aurora Bulker	30,500	Kandla	USA	Adani/Mono Steel	Sh Scrap
21 Mar’16	Postojna	35,200	Kandla	Netherland	Varsana (Galant/Electrotherm/Neelkanth)	Sh Scrap
23 Mar’16	Tai Shan	10,150	Chennai	Japan	MTC	Sh Scrap
23 Mar’16	Sea Star	44,000	Chennai	South Africa	MTC	Sh Scrap
24 Mar’16	Victoria Harbour	19,300	Chennai	USA	MTC	Sh Scrap
28 Mar’16	Venture SW	10,500	Chennai	Japan	Kamachi	Sh Scrap
5 Apr’16	Team Hope	31,000	Kandla	N/A	Mono Steel/ Gallant	Sh Scrap
	Total	308,600

Quantity in MT
Source: SteelMint Research

Indian Bulk Scrap Import 2015 Vs 2016

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