India’s Weekly Coal Stock at Ports slightly rise by 0.7 %

Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports stood at 7.96 MnT which increased by 0.7% during the week ended on 19 Apr, 2014 (13-19 Apr, 2014).

As per SteelMint consideration of 16 major Indian ports, around 1.8 MnT of steel grade Coal laid at ports which showing a growth of 1% than previous week. Non-coking Coal stock at Indian ports had increased by 0.5% to around 6 MnT at the end of week 16.

Around 9,000 MT of Anthracite stock laid at Paradip port belongs to Balasore Alloys, Rawmet & IMFA.

Krishnapatnam port on the East Coast of India had the highest stock of around 1.7 MnT followed by Paradip in terms of volume and stockpiled 1.6 MnT. Whereas, Gangavaram & New Mangalore port had stock of around 1.4 MnT & 0.7 MnT respectively. Current stock position at Haldia port has dropped by 25% than previous week.

The week ended on 19 Apr, 2014 JSW Steel, Adani & RINL have the highest quantity of Coal stock i.e. about 0.9 MnT, 0.7 MnT & 0.5 MnT respectively. Whole quantity of JSW was laid at Krishnapatnam port. SAIL has stock of around 0.43 MnT at Vizag, Haldia & Paradip port.

The ports considered are: Dahej, Mormugao, New Mangalore, Hazira, Kandla, Bhavnagar, Tuticorin, Magdalla, Pipavav , Muldwarka, Gangavaram, Haldia, Krishnapatnam, Kakinada, Parad ip & Vizag.