Imports of Iron ore to India are rising owing to mining restrictions and falling production in domestic market. Indian steel & DRI makers will be importing over 1 MnT till July, 2014 (in FY15).
Speaking DRI makers who are importing or willing to import have mentioned that South African Lumps are preferred over Australian lumps for better tumbler index (specification which identifies the hardness of ore). India is largest DRI manufacturer in the world with an annual production of about 24 MnT.
“South African Lumps are of better tumbler than Australian ore. In African ore, we are expecting a tumbler index of 92%, whereas Australian ore will range somewhere between 84-86%, Fe content being the same, “said a DRI manufacturer based in eastern region, who has received offers for South African ore.
On similar lines, manufacturers based in West region mentioned that if they have to go for imports of lumps ore, they will prefer South African ore.
First Vessel of Tata International to arrive at Paradip Port- Sources
It has been heard through sources that second vessel named Mynika, carrying a total quantity of 81,918 MT Iron ore lumps (Fe 64%; 10-40 mm) is bought by Tata International. The first vessel is expected on 22 Jul, 2014 at Paradip port and sold to Tata Sponge Iron and Maithan.
There has been no official confirmation regarding this from the companies.
Iron Ore Import from South Africa
|
Date |
QTY |
Unloading Port |
Vessel name |
Receiver |
|
7 Jul’14 |
169,585 (F) |
Krishnapatnam |
Eurydice D |
JSW Steel |
|
18 Jul’14 |
170,767 (F) |
Krishnapatnam* |
Baltic Tiger |
JSW Steel |
|
19 Jul’14 |
73,755 (L) |
Mangalore* |
Jaigar |
JSW Steel |
|
22 Jul’14 |
81,918 (L) |
Paradip* |
Mynika |
Tata Intl, Tata Sponge, Maithan |
|
Total |
496,025 |
|
|
|
Iron Ore Import from Australia
|
Date |
QTY |
Unloading Port |
Vessel name |
Receiver |
|
19 Apr’14 |
16,000 |
Paradip |
Yvonne |
Tata Steel |
|
24 Apr’14 |
29,000 |
Haldia |
Yvonne |
Tata Steel |
|
9 Jun’14 |
19,000 |
Paradip |
Marianna |
Tata Steel |
|
15 Jun’14 |
26,487 |
Haldia |
Marianna |
Tata Steel |
|
4 Jul’14 |
45,000 |
Paradip |
Jin Xiu Feng |
Tata Steel |
|
10 Jul’14 |
20,000 |
Haldia |
Jin Xiu Feng |
Tata Steel |
|
13 Jul’14 |
168,832 |
Krishnapatnam |
Berge Atlantic |
Tata International |
|
8 Jul’14 |
45,000 |
Paradip # |
Jag Aarati |
Tata Steel |
|
16 Jul’14 |
20,000 |
Haldia* |
Jag Aarati |
Tata Steel |
|
Total |
389,319 |
|
|
|
Iron Ore Import from Mauritania
|
Date |
QTY |
Unloading Port |
Vessel name |
Receiver |
|
20 Jul’14 |
148,225 |
Krishnapatnam* |
Eternus |
JSW Steel |
|
Total |
148,225 |
|
|
|
Qty in MT
* Vessel expected
# Vessel at anchorage
Source SteelMint Research, Port Sites
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