Indian Iron ore imports have shown some resistance in the month of March’15, due to increasing availability and falling prices (NMDC has cut prices upto INR 950 since Jan’15) in domestic market. Imports, which were recorded at over 2.5 MnT in the month of January and February, are expected to come down to 0.6 MnT in the month of March’15.
Indian Iron ore imports hit all time high after Supreme court imposed temporary ban on operations of mines running under second deemed renewal, which led companies like Tata Steel to shut their mining operations in Jharkhand and Odisha.
| DATE | PORT | VESSEL NAME | STATUS | QUANTITY | COUNTRY | CONSIGNEE |
| 10/03/15 | MORMUGAO | HANJIN SATO | BERTH | 54,000 | SOUTH AFRICA | AMBA RIVER COKE |
| 06/03/15 | KRISHNAPATNAM | RZS HARMONY | BERTH | 167,600 | SOUTH AFRICA | JSW STEEL |
| 21/02/15 | PARADIP | BULK INDONESIA | ANCHORAGE | 82,000 | SOUTH AFRICA | TATA |
| 22/03/15 | KANDLA | CONTI JADE | EXPECTED | 88,000 | SOUTH AFRICA | N/A |
| 31/03/15 | JAIGARH | JUBILANT SUCCESS | EXPECTED | 88,170 | BRAZIL | JSW |
Quantity in MT; Provisional data
Source: SteelMint Stats, Customs
Updated till 16 Mar’15
Till now JSW Steels have imported 8.9 MnT Iron ore, followed by Tata Steel, which imported 3.3 MnT in FY15 (till Feb’15). Essar remains the 3rd largest importer.
In FY15 (till Feb’15), major imports were recorded at Krishnapatnam (8.3 MnT), Mumbai (1.3 MnT), Jaigarh (1 MnT), Paradip (0.9 MnT), Kandla (0.8 MnT) and Haldia (0.5 MnT).
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