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Chennai’s Feb sponge iron exports spurt 98% m-o-m

04 Apr 2016

Sponge iron exports from the port of Chennai in February 2016 rose 97.73% month-on-month to 2,448 tons compared to 1,238 tons in January 2016, according to provisional data available with ISMW.
 

In February 2016, a volume of 2,228 tons went to Bangladesh in a range of Rs 13,416 – Rs 14,705 per ton and 220 tons to Madagascar at Rs 13,470 – Rs 13,580 per ton.

 

In January 2016, all the consignments went to Bangladesh in a range of Rs 13,376 – Rs 13,608 per ton.


Following table contains details of sponge iron exports via Chennai Port in February 2016:
 

SPONGE IRON EXPORT, CHENNAI

Destination Country

Date

Item Description

 Unit Price (in Rs./Ton)

 Quantity (in Tons)

BANGLADESH   

1-Feb-16

SPONGE IRON LUMPS

          13,416

         248

          14,147

         248

12-Feb-16

SPONGE IRON LUMPS

          14,157

         743

20-Feb-16

SPONGE IRON LUMPS

          14,705

         495

25-Feb-16

SPONGE IRON LUMPS

          14,705

         495

BANGLADESH Total

     2,228

MADAGASCAR

8-Feb-16

SPONGE IRON LUMPS

          13,470

         110

27-Feb-16

SPONGE IRON LUMPS

          13,580

         110

MADAGASCAR Total

        220

Grand Total

     2,448