India the world's
third-largest coal user, imported 11% less in April as compared with the
previous month, shipping data show.
April imports were 10.3
Million Tons, whereas March imports were 11.6 million tons.
Buyers led by Adani Enterprises Ltd. , Bhatia International
Ltd., Tata Power Co. and Steel Authority of India Ltd. (SAIL) received 10.3
million metric tons of steam and coking coal via 22 of the 27 ports listed by
Interocean Group, a New Delhi-based ship broker that provided the information.
The Mundra port on the western coast, operated by the Adani
Group, received the highest volumes of 1.3 million tons. Gangavaram, Paradip
and Krishnapatnam, all on the eastern coast, received 888,736 tons, 838,867
tons and 619,823 tons, respectively, the report showed.
Shipments came from countries including Indonesia, Australia
and South Africa, while state-owned Steel Authority of India and LMJ Industries
bought cargoes from the U.S.
According to the data, BGH Exim and JSW Group imported from
Mozambique at Kandla and Goa, it showed.
Source: Bloomberg
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