Indian Met Coke prices remain stable in domestic market with offers ranging from INR 14,500-15,500/MT for 30-80 mm LAM Coke (which is used by Blast Furnace and Pig iron plants) on Ex-Works basis.
Market participants mentioned that Coking Coal & Met Coke prices in global market have stabilized. India, one of the world’s largest Coking Coal importers, has imported around 38 MnT Coking Coal and around 4 MnT Met Coke in FY14.
|
Total Met Coke Import FY14 (Qty MnT) |
|
|
Ports |
Quantity |
|
Magdalla |
0.78 |
|
Mangalore |
0.71 |
|
Paradip |
0.64 |
|
Haldia |
0.54 |
|
Dharamtar |
0.48 |
|
Tuticorin |
0.20 |
|
Gangavaram |
0.19 |
|
Jaigarh |
0.19 |
|
Hazira |
0.16 |
|
Mumbai |
0.15 |
|
Ennore |
0.09 |
|
Vizag |
0.08 |
|
Dharamtar Ispat |
0.04 |
|
Grand Total |
4.25 |
“Currently, 30-80 mm LAM Coke is being offered at about INR 16,000/MT (Ex-Gujarat), however buying interest is seen at INR 15,500/MT. Similarly, offers on East Coast are at around INR 15,000/MT but buying is seen at about INR 14,500/MT,” said a Met Coke dealer based in western India.
Lumpy Coke of size over 120 mm is being offered at INR 19,000/MT Ex-Kandla basis, he further added.
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