Combined Coal stock (Coking Coal, Non-coking Coal & Anthracite) at major Indian ports rose by 5.6% to about 7.9 MnT during the week ended on 22 Feb, 2014 (16 Feb- 22 Feb, 2014).
SteelMint assessed that 16 major ports of India had stock of around 2.9 MnT Coking Coal during the end of week 8, which increased by 38.9% compare to preceding week. During the same period, Non-coking Coal stock at Indian ports declined by 11% to 4.7 MnT.
However, it is noted that 0.2 MnT of Anthracite stock lied at Paradip & Krishnapatnam port belongs to Rawmet, IMFA & BMG Commodities.
JSW Steel, Adani & SAIL have the highest quantity of Coal stocks i.e. about 1.4 MnT, 0.8MnT & 0.6 MnT respectively. JSW Steel had stock at Krishnapatnam, Mangalore & Goa port at the week ended 22 Feb, 2014.
Paradip port on the East Coast of India had the highest Coal stock of around 1.6 MnT which has improved by 3% from around 1.5 MnT compare to previous week. Krishnapatnam was another port having highest Coal stock of around 1.5 MnT, which has slightly down by 3.2% against previous week.
Stock of imported Coal at Tuticorin port has increased to 0.5 MnT from 0.2 MnT compared to previous week.
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