According to Mining News Pro -India exported about 326,404 MT Billet in Aug`18, surge by 157% M-o-M as against 126,696 MT in Jul`18.
The monthly Billet exports has gain momentum in line with few bulk exports through the India`s largest steel producer - JSW Steel.
JSW has shipped 4 bulk billet exports shipment to the South-East & European nations in Aug`18 of total quantity at 58,000 MT, as per vessel line up data.
Further India`s total Billet exports during the period of Jan-Aug`18 being rise slightly by 4.7% and stood at 1,667,857 MT, which was about 1,592,546 MT in Jan-Aug`17.
-- Nepal remained the favorable destination of Indian Billet exports during Jan-Aug`18 with a contribution of 749,403 MT (44.9%), followed by Thailand at 167,284 MT (10%) & Malaysia at 155,109 MT (9.3%).
Indian Bulk Billet Exports
LoadPort | VesselName | Qantity | Shipper | ETB | Country |
CHENNAI | VEGALEA | 19,000 | JSWSTEEL | 03-Aug-18 | ITALY |
CHENNAI | OCEANFRIEND | 10,000 | JSWSTEEL | 08-Aug-18 | N/A |
PARADIP | MARITIMEFORTUNE | 30,000 | JSPL | 22-Aug-18 | INDONESIA |
CHENNAI | SPLENDORTAIPEI | 10,500 | JSWSTEEL | 22-Aug-18 | MALAYSIA |
CHENNAI | TANAISDREM | 18,500 | JSWSTEEL | 25-Aug-18 | ITALY |
MUNDRA | BERINGLIGHT | 15,000 | N/A | 01-Sep-18 | PHILLIPPINE |
KANDLA | THORCOLUNA | 12,000 | N/A | 01-Sep-18 | PHILLIPPINE |
PARADIP | BOLERO | 20,300 | JSPL | 14-Sep-18 | SRILANKA |
PARADIP | DAWEI | 10,080 | SARAFTREXIM | 16-Sep-18 | MALAYSIA |
CHENNAI | TANBINH99 | 10,500 | JSWSTEEL | 21-Sep-18 | MALAYSIA |
CHENNAI | NEWGLORY | 15,500 | N/A | 25-Sep-18 | ITALY |
Qty in MT
Source: SteelMint Research, Vessel line up
Sponge iron exports surge 22% M-o-M in Aug`18
India exported at 49,924 MT Sponge iron in Aug`18, gain by 22.7% M-o-M as against 40,898 Mt in Jul`18.
Meanwhile the increase was sharply during Jan-Aug`18 close to 45% over rising melting capacities in Bangladesh. India`s total sponge iron exports reached at 434,804 MT in Jan-Aug`18, rise by 44.1% as against same period last year at 301,717 MT Jan-Aug`17.
Bangladesh stood as largest importer of Indian Sponge iron during the Jan-Aug`18 with imports of 233,879 MT (53.7%) followed by Bhutan at 81,653 MT (18.7%) & Nepal at 68,013 MT (15.6%).