Mill Scale export in August remain supported by rising iron ore price in global market. Fe 62% fines prices have increased from USD 67/MT in beginning of Aug’17 to USD 77/MT CNF China as on yesterday. Mill Scale export from India, Pakistan & Bangladesh remained nill in June & July’17 due to price pressure.
According to global vessel lineup data maintained by SteelMint two bulk vessel tracked, one from Pakistan and Bangladesh. Till 11 Aug’17 no bulk vessel reported at Indian ports.
Vessel MV Ammar to load 22,000 MT material from Chittagong Port in Bangladesh, vessel expected at port on 12 Aug’16
Another vessel named MV Bright Rainbow is at loading position in Karachi port (Pakistan). The vessel is to load 15,000 mt material and the cargo expected to discharge at china.
Mill Scale export Country Wise
| VESSEL NAME | COUNTRY | LOAD PORT | QUANTITY | DATE | UNLOAD COUNTRY |
| AMMAR | BANGLADESH | CHITTAGONG | 20,000 | 4-Apr-17 | CHINA |
| TENWA MARU | INDIA | VIZAG | 10,000 | 5-Apr-17 | CHINA |
| LE RONG | INDIA | KANDLA | 20,700 | 6-Apr-17 | CHINA |
| JI XIANG SONG | PAKISTAN | KARACHI | 28,500 | 13-Apr-17 | CHINA |
| VINALINES FREEDOM | INDIA | HALDIA | 10,000 | 18-Apr-17 | CHINA |
| LE CHANG | INDIA | KANDLA | 20,000 | 16-May-17 | MALAYSIA |
| GRAND ROYAL | INDIA | HALDIA | 15,000 | 24-May-17 | CHINA |
| GRAND ROYAL | INDIA | VIZAG | 22,900 | 28-May-17 | CHINA |
| NIL | NIL | NIL | NIL | June | NIL |
| NIL | NIL | NIL | NIL | July | NIL |
| TOTAL | 147,100 |
Qty in MT
Source: SteelMInt Stats, Custom
Provisional Data
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