Indian Iron Pellet export market opened up when domestic prices touched an all time low at INR 6,100/MT (Ex-work Barbil) on 22 July, 2013.
Exporters received a better realization from overseas trades as Rupee depreciated against USD and Chinese Iron ore prices were high. On 27 Jan, 2014, 5% export duty on Pellets imposed by Indian Government has lowered realizations by INR 500/MT.
In Apr-Dec 2013
- Jindal Steel was the biggest exporter and exported 0.47 MnT followed by Essar & Ardent
- Paradip Port in East Coast exported maximum quantity of 0.6 MnT
- China was the largest consumer of Indian Pellets
|
Iron Pellet Export from various Indian Ports in Apr-Dec, 2013 |
|||||
|
Month |
Port |
Shipper |
Qty |
Total Qty (Month Wise) |
Destination |
|
Apr |
– |
– |
– |
– |
– |
|
May |
– |
– |
– |
– |
– |
|
Jun |
Vizag |
Essar |
39,100 |
39,100 |
Vietnam |
|
Jul |
Vizag |
Essar |
65,100 |
65,100 |
China |
|
Aug |
Paradip |
Jindal |
48,000 |
– |
Oman |
|
Aug |
Paradip |
Jindal |
53,000 |
101,000 |
China |
|
Sep |
Paradip |
Jindal |
50,000 |
– |
China |
|
Sep |
Paradip |
Jindal |
51,803 |
101,803 |
China |
|
Oct |
Gangavaram |
Jindal |
54,000 |
– |
China |
|
Oct |
Gangavaram |
Jindal |
49,000 |
– |
China |
|
Oct |
Haldia |
Netincon |
22,500 |
– |
China |
|
Oct |
Paradip |
Ardent |
43,200 |
– |
China |
|
Oct |
Paradip |
BRPL |
50,000 |
218,700 |
China |
|
Nov |
Paradip |
Jindal |
7,500 |
– |
Oman |
|
Nov |
Paradip |
Essar |
53,900 |
– |
China |
|
Nov |
Paradip |
Arya |
35,000 |
– |
China |
|
Nov |
Paradip |
BRPL |
48,000 |
– |
China |
|
Nov |
Paradip |
Ardent |
43,650 |
– |
China |
|
Nov |
Gangavaram |
Jindal |
53,000 |
– |
China |
|
Nov |
Haldia |
Netincon |
22,500 |
– |
China |
|
Nov |
Vizag |
Essar |
42,240 |
305,790 |
China |
|
Dec |
Gangavaram |
Jindal |
53,000 |
– |
China |
|
Dec |
Paradip |
Essar |
54,000 |
– |
China |
|
Dec |
Haldia |
Netincon |
28,000 |
– |
China |
|
Dec |
Paradip |
Essar |
53,600 |
– |
China |
|
Dec |
Gangavaram |
Jindal |
51,000 |
– |
China |
|
Dec |
Paradip |
Ardent |
35,000 |
274,600 |
China |
|
Grand Total |
|
|
1,106,093 |
1,106,093 |
|
Provisional Data
Source: SteelMint
|
Companies’s Iron Pellet Export |
|
|
Company |
Exported Qty |
|
Jindal Steel |
470,303 |
|
Essar Steel |
307,940 |
|
Ardent |
121,850 |
|
BRPL |
98,000 |
|
Netincon |
73,000 |
|
Arya |
35,000 |
|
Total |
1,106,093 |
Qty in MT
Provisional Data
Source: SteelMint
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