Coking Coal imports in India during Oct’17 had dipped slightly by around 0.67% over the imports in the previous month, an analysis of the import data compiled by CoalMint Research shows.
During Oct’17, around 4.46 MnT of the coal was imported in the country, and that was marginally lower than the imports of 4.49 MnT in Sep’17.
Source: CoalMint Research
On a year-on-year comparison, the Oct’17 imports were, however, higher by around 10.67% against the imports of 4.03 MnT in the corresponding month of the last year.
There was no major deviation in the imports during the month due to the constant steel making in the country that necessitated steady volume of imports.
A break-up of the countries of import shows that the imports of the coal from main importing country—Australia—was lower but the imports increased from other regions—USA and Russia—as the prices in Australia were considerably higher during the month under review.
| Quantity in MnT | |||
| ORIGIN | Oct’17 | Sep’17 | Change(%) |
| Australia | 3.59 | 3.72 | -3.49 |
| Canada | 0.18 | 0.35 | -48.57 |
| Mozambique | 0.03 | 0.27 | -88.89 |
| Russia | 0.24 | 0.03 | 700.00 |
| USA | 0.22 | 0.12 | 83.33 |
| Latvia | 0.07 | 0 | NA |
| Others | 0.12 | 0 | NA |
| TOTAL | 4.46 | 4.49 | -0.67 |
Source: CoalMint Research
Among the various ports in the country, the Paradip port had handled the highest volume of import traffic in respect to the coal during the month; followed by the Mormugao and Gangavaram ports.
Source: CoalMint Research
The major importers were: JSW, SAIL, Kirloskar Ferrous, Electrosteel, Jindal Steel & Power Limited, Vedanta, Bhushan Steel, among others.
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