Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports stood at 8.8 MnT which increased by 9.8% during the week ended on 17 May, 2014 (11-17 May, 2014).
SteelMint on considering the major ports of the country have found that 16 major Indian ports have stock of around 1.9 MnT of Steel grade Coal. Coal at port is showing a growth of 8% against previous week. However, Non-coking Coal stock at ports has risen by 11% to around 6.9 MnT at the end of week 20.
Nearly, 12,000 MT of Anthracite stock is kept at Paradip port, belonging to Balasore Alloys, Rawmet & IMFA.
Paradip port situated on the East Coast of India had the highest stock of around 1.6 MnT followed by Krishnapatnam in terms of volume & stockpile 1.5 MnT. Whereas, Gangavaram & New Mangalore port had stock of around 1.4 MnT & 0.8 MnT respectively. Stock position at Tuticorin port has increased by 97% from previous week to reach around 0.3 MnT.
Adani, JSW Steel & RINL have the highest quantity of Coal stock i.e. about 1.4 MnT, 1 MnT & 0.5 MnT respectively. Total stock quantity of JSW is at Krishnapatnam, Goa & Mangalore port, while SAIL has stock of around 0.45 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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