Combined Coal stock (Coking Coal, Non-coking Coal & Anthracite) at major Indian ports declined by 5.3% to about 7.5 MnT during the week ended on 1 Mar, 2014 (23 Feb- 1 Mar, 2014).
SteelMint assessed that 16 major ports of India had stock of around 2.7 MnT Coking Coal during the end of week 9, which decreased by 9% compare to preceding week. During the same period, Non-coking Coal stock at Indian ports declined by 4.7% to about 4.5 MnT.
However, it is noted that around 0.3 MnT of Anthracite stock lied at Paradip & Krishnapatnam port belongs to BMG Commodities, Balasore Alloys, Rawmet & IMFA.
JSW Steel, Adani & Sterlite Energy have the highest quantity of Coal stocks i.e. about 1.3 MnT, 0.7MnT & 0.5 MnT respectively. SAIL had stock of 0.4 MnT at Haldia, Vizag & Paradip Port at the week ended 1 Mar, 2014.
Paradip port on the East Coast of India had the highest Coal stock of around 1.5 MnT which has declined by 3% from around 1.6 MnT compare to previous week. Krishnapatnam was another port having highest Coal stock of around 1.5 MnT, which has slightly down by 3.8% against previous week.
Stock of imported Coal at Vizag port has increased by 13.4% to about 0.4 MnT from 0.3 MnT compared to previous week.
Leave a Reply