SteelMint assessed that two more bulk vessels of scrap are about to arrive at Chennai Port during this week.
First vessel named Cape Moreton, carrying 27,500 MT of mixed ferrous scrap (HMS and Shredded scrap) has arrived Chennai Port on 14 Apr’16.
Second vessel named MV Golden Gemini, carrying 40,500 MT Shredded scrap from South Africa is about to arrive Chennai Port by 19 Apr’16.
Around 15 vessels have been recorded since Jan’16, contributing to around 411,800 MT of scrap import to India. About 55% of the same has been imported from USA.
Bulk Scrap Vessels in 2016
| Berth Date | Vessel Name | Quantity | Discharge Port | Origin | Buyers | Grade |
| 8 Jan’16 | Puget Sound | 22,800 | Kandla | USA | MTC/ASR/Electrtherm/ 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 (Galantata/Electrtherm/Neelakanth) |
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 | Kamatchi | Sh Scrap |
| 5 Apr’16 | Team Hope | 31,000 | Kandla | N/A | Mono Steel/ Gallant | Sh Scrap |
| 13 Apr’16 | Stove Campbell | 35,200 | Kandla | USA | ASR/Varsana/Galant | Sh Scrap |
| 14 Apr’16 | Cape Moreton | 27,500 | Chennai | USA | NA | HMS/Sh |
| 19 Apr’16 | MV Golden Gemini | 40,500 | Chennai | South Africa | NA | Sh Scrap |
| Total | 411,800 |
Provisional data; Quantity in MT
Source: Steelmint Research
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