Exports of mill scale from India has picked up in last couple of months owing to favorable spot prices in Chinese market. Two vessels containing 35,500 MT and 40,000 MT had been exported in the month of June. Another vessel of 38,500 MT is scheduled to sail today from Kandla port (India’s west coast) to China ( Nanjing port) i.e. on 17 Aug’16.
According to sources, cargo is exported by Infrastil global impex, a Mumbai based trading house, to Synergy resources, Hongkong.
Mill Scale Export Movement in FY17
| Vessel Name | Date | Quantity | Load Port | Unload Port | Shipper |
| Mermaid Star | 10 May | 12,500 | India,Chennai | China,Nantong | Independent Minerals |
| Asia Emeraid III | 15 Jun | 35,500 | India,Kandla | Philippines, N/A | KK Enterprises |
| Spar Corona | 27 Jun | 40,000 | India,Kandla | China,Nanjing | Gimpex |
| Ocean King D | 17 Aug | 38,500 | India,Kandla | China,Nanjing | Global Impex |
| Total | 126,500 |
Qty in MT
Source: SteelMint Stats, Custom
Provisional Data
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