Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports stood at 11.2 MnT, which shows a slight growth at the end of week 26, regarding previous week.
As per the consideration of SteelMint, 16 major Indian ports have stock of around 2 MnT Steel grade Coal. Coal at ports is showing a decline of 0.5% against previous week. However, Non-coking Coal stock at ports has risen by 1.5% to around 9.2 MnT.
Nearly, 2,000 MT of Anthracite stocked at Paradip port belongs to Balasore Alloys & IMFA.
Krishnapatnam port situated on East Coast had the highest Coal stock of around 2.8 MnT, which registered improvement of 12% regarding previous week. Stock quantities followed by Gangavaram port in terms of volume & stockpile 1.7 MnT, which holds the same quantity as previous week. Whereas, Paradip & New Mangalore port had stock of around 1.6 MnT & 0.92 MnT respectively. Stock position at Tuticorin port has declined by 14.5% from previous week and reached at around 0.30 MnT.
Adani, JSW Steel & MGB Commodities have the highest quantity of Coal stock i.e. about 1.9 MnT, 1.4 MnT & 0.7 MnT respectively. Total stock quantity of JSW is at Krishnapatnam, Goa & Mangalore port, while RINL has stock of around 0.48 MnT at Gangavaram port.
The ports considered are: Dahej, Mormugao, New Mangalore, Hazira, Kandla, Bhavnagar, Tuticorin, Magdalla, Pipavav, Muldwarka, Gangavaram, Haldia, Krishnapatnam, Kakinada, Paradip & Vizag.
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