India, the 3rd largest coal importer globally, imported 14.9 MnT of coal in Dec’15; the highest quantity during last 5 months.
SteelMint assessed that non-coking coal import to India increased by 14.5% in Dec’15 against the preceding month. However, it fell by 16% Y-o-Y. The country imported about 14.94 MnT of non-coking coal in Dec’15 against 12.4 MnT of the preceding month.
[su_quote]An importer reported to SteelMint, ”Although, domestic coal production in India has been escalating continuously, power producers are opting for imports due to unavailability of high GCV indigenous material, which is required to run the plant.”[/su_quote]
Qty in MnT
Source- SteelMint
Leading non-coking coal exporters in Dec’15
Indonesia and South Africa were the major exporters to India in the month. Indonesia exported about 10.9 MnT of non-coking coal, registering a growth of 21% against the previous month. Meanwhile, South Africa exported about 2.7 MnT in the duration.
Qty in MnT
Source- SteelMint
Leading discharging ports
Mundra and Krishnapatnam ports were the major destinations for holding non-coking coal import in the month. They received about 2.8 MnT and 1.5 MnT non-coking coal in Dec’15 against 1.9 MnT and 1.3 MnT in Nov’15 respectively.
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