Indian metallurgical coke imports fell by 26.18% to 0.3 million tonnes (MnT) in Jul’18, compared with 0.41 MnT in Jun’18, as per the vessel lineup data compiled by CoalMint Research.
On a year-on-year basis, the Jul’18 imports have decreased over 23% from 0.39 MnT in Jul’17.
Source: Vessel Line-up Data, CoalMint Research | Quantity in MnT
This substantial downslide in the country’s import volumes can be primarily attributed to the subdued demand in Asian countries, especially China and India.
The Chinese government’s tightening clampdown on steel and coke output capacities as well as stringent port restrictions have largely constrained coal procurement activity, though the prevailing level of imported met coke prices sold into China have been quite reasonable for most end-users. Also, the Indian market remained quiet due to the onset of monsoon season.
Major Coal Exporters to India:
A country-wise break-up of the monthly import data reveals that the major proportion of the shipments originated from China, accounting for approximately 65% share.
Also, Indian met coke imports from China rose by 4.6% during the last month.
Following China, the imports from Poland accounted for around 20% share.
Imports from Colombia constituted the remaining 15% in the share of the total met coke imports in India during Jul’18.
The following is the break-up of the countries of import during the month under review.
| Origin | Jul’18 | Jun’18 | Change |
| China | 197,928 | 189,205 | 4.61% |
| Poland | 62,000 | ||
| Colombia | 44,000 | 42,014 | 4.73% |
| Australia | 87,175 | ||
| Japan | 35,000 | ||
| Egypt | 22,160 | ||
| Indonesia | 13,900 | ||
| Iran | 12,000 | ||
| Russia | 10,285 | ||
| TOTAL | 303,928 | 411,739 | -26.18% |
Source: CoalMint Research | Quantity in MT
Source: CoalMint Research | Quantity in MT
Among the various ports in India, the Paradip port had handled the highest volume of import traffic during the month of Jul’18; followed by the Hazira and Mormugao ports.
Major Coal Receivers in India:
In Jul’18, Essar Steel was the country’s highest receiver of met coke with 62,000 MT of imports; followed by JSW Steel and Jindal Steel and Power with the respective imports of 55,000 MT and 37,900 MT. Other notable importers during the month included Kirloskar Ferrous Industries Ltd. (KFIL) and Rashtriya Ispat Nigam Ltd. (RINL) among others.
Source: CoalMint Research | Quantity in MT
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