Mill_Scale

India: Mill Scale Export to Rise Significantly for Mar’17

Mill Scale export from India expected to increase for March’17, as per sources 4 Mill Scale vessels are lined up at Kandla port.

SteelMint tracked a vessel name MV Tento to load 53,000 MT material from Kandla port expected destination Japan , according to sources the vessel belongs to KK Enterprises.

First vessel Mv Tento may get berthing on 22 Mar’17, 2nd vessel belongs to Bagadiya brothers MV Hai Phong 26 expected on 23rd at Kandla port.

Two more vessels of Gimpex and Space Exim expected to arrive at Kandla port this month.

Rise in global iron ore prices has supported mill scale exports from India. As per data, monthly average iron ore fines (Fe 62%) index in Mar’17 stood at USD 87.5/MT CFR China.

India Mill Scale Export in FY17

Date Vessel Name Quantity Load Port Unload Port Shipper
APR NIL NIL NIL NIL NIL
10-May MERMAID STAR 12,500 CHENNAI CHINA INDEPENDENT MINERALS
15-Jun ASIA EMERAID III 35,500 KANDLA PHILIPPINES KK ENTERPRISES
27-Jun SPAR CORONA 40,000 KANDLA CHINA GIMPEX
16-Aug OCEAN KING D 38,500 KANDLA CHINA GIMPEX
17-Oct SHANDONG HAI SHANG 32,000 KANDLA PHILIPPINES KK ENTERPRISES
26-Oct SHANDONG HAI SHANG 19,560 CHENNAI PHILIPPINES KK ENTERPRISES
23-Nov OCEAN FELICITY 9,250 KANDLA CHINA N/A
4-Dec MARYLAKI 24,000 VIZAG CHINA Bagadiya Brothers
24-Dec CHERRY POINT 28,500 KANDLA CHINA N/A
13-Jan BRIGHT RAINBOW 20,000 CHENNAI CHINA INDEPENDENT MINERALS
4-Feb HAN REN 18,500 KANDLA CHINA N/A
Grand Total   278,310

Qty in MT
Source: SteelMint Stats, Custom
Provisional Data


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