Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports stood at 8.2 MnT which decreased by 2% during the week ended on 3 May, 2014 (27 Apr-3 may, 2014).
SteelMint on considering the major ports of the country have found that 16 major Indian ports have stock of around 1.7 MnT of steel grade Coal, Coal at port is showing a decline of 9.3% against previous week. However, Non-coking Coal stock at ports has declined by 0.8% to around 6.4 MnT at the end of week 18.
Nearly, 9,000 MT of Anthracite stock is kept at Paradip port, belonging to Balasore Alloys, Rawmet & IMFA. On the other side, Krishnapatnam port has around 66,188 MT of Pet Coke, imported by Ultratech Cement from USA.
Krishnapatnam port situated on the East Coast of country had the highest stock of around 1.8 MnT followed by Paradip in terms of volume and stockpile 1.7 MnT. Whereas, Gangavaram & New Mangalore port had stock of around 1.3 MnT & 0.7 MnT respectively. Stock position at Kandla port has increased by 43% from previous week to reach around 0.2 MnT.
JSW Steel, Adani & RINL have the highest quantity of Coal stock i.e. about 0.98 MnT, 0.95 MnT & 0.5 MnT respectively at the end of week 18. Total stock quantity of JSW is at Krishnapatnam, Goa & Mangalore port. While, SAIL has stock of around 0.44 MnT at Haldia, Paradip & Vizag port.
The ports considered are: Dahej, Mormugao, New Mangalore, Hazira, Kandla, Bhavnagar, Tuticorin, Magdalla, Pipavav , Muldwarka, Gangavaram, Haldia, Krishnapatnam, Kakinada, Paradip & Vizag.
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