Iron and Steel

India`s Billet Exports Upsurged Sharply in August on Bulk Exports by JSW Steel

India`s Billet Exports Upsurged Sharply in August on Bulk Exports by JSW Steel
Mining News Pro - Billet exports from India considerably rose during Aug`18 and stood at all time high, as per data maintained by SteelMint, since Jan 2013.
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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%).

 


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