Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports declined by 4.6% to about 7.1 MnT during the week ended on 8 Mar, 2014 (2-8 Mar, 2014).
SteelMint assessed that 16 major Indian ports had stock of around 2.6 MnT Coking Coal during the end of week 10, which decreased by 2.9% compared to preceding week. During the same period, Non-coking Coal stock at Indian ports declined by 5.5% to around 4.5 MnT.
However, it is noted that around 18,000 MT of Anthracite stock laid at Paradip port belongs to Balasore Alloys, Rawmet & IMFA.
JSW Steel, Adani & SAIL have the highest quantity of Coal stocks i.e. about 1.2 MnT, 0.7 MnT & 0.5 MnT respectively. BMG Commodities had stock of 0.3 MnT at Krishnapatnam port at the week ended 8 Mar, 2014.
Krishnapatnam port on the East Coast of India had the highest Coal stock of around 1.7 MnT which has increased by 12.7% from around 1.5 MnT compared to previous week. Paradip was another port having highest Coal stock of around 1.5 MnT, which has slightly down by 3% against previous week.
Imported Coal Stock at Vizag port has increased by 17% to 0.5 MnT from 0.4 MnT compared to previous week.
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