Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports stood at 9.2 MnT, showing an increase of 4.4% during the week ended on 24 May, 2014 (18-24 May, 2014).
SteelMint accessed that 16 major Indian ports have stock of around 1.9 MnT of Steel grade Coal. Coal stock at port is showing a growth of 4.4% against previous week. However, Non-coking Coal stock at ports had raised by 4.5% and reach at 7.2 MnT at the end of week 21.
Nearly, 8,000 MT of Anthracite stock laid at Paradip port that belongs to Balasore Alloys, Rawmet & IMFA.
Gangavaram port situated on East Coast of India had the highest stock of around 1.7 MnT followed by Paradip 1.6 MnT in terms of volume. Whereas, Krishnapatnam & New Mangalore port had stock of around 1.5 MnT & 0.8 MnT respectively. Stock position at Pipavav port have gone up by 57% from previous week to reach around 0.16 MnT.
Adani, JSW Steel & RINL have the highest quantity of Coal stock i.e. about 1.6 MnT, 1.2 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.
Leave a Reply