Indian Mill Scale Concluded Above USD 70/MT CFR China

Indian exporter closed a bulk export deal of Mill scale at around USD 70-72/MT CFR China for early Dec’16 shipment.

Steelmint, earlier reported that a bulk vessel of Mill scale has been reported at Kandla port. According to customs data, vessel “MV Marylaki” is to load 24,000 MT mill scale in first week of Dec’16.

As per sources, the above cargo belongs to Bagadiya brothers and this will be the company’s first Mill scale export shipment for the year 2016.

In Nov’16, India recorded only one mill scale shipment of 9,250 MT from Kandla Port to Lianyungang port in China (expected destination).

Till Nov’16, India exported 188,810 MT out of which 156,750 MT was from Kandla port and rest 32,060 MT was from Chennai port.

Mill Scale Export Movement in FY17

Vessel Name Date Quantity Load Port Unload Port Shipper
Mermaid Star 10 May 12,500 India,Chennai China,Nantong Independent Minerals
Asia Emeraid III 15 Jun 35,500 India,Kandla Philippines, N/A KK Enterprises
Spar Corona 27 Jun 40,000 India,Kandla China,Nanjing Gimpex
Ocean King D 17 Aug 38,500 India,Kandla China,Nanjing Global Impex
Shandong Hai Shang 17 Oct 33,500 India,Kandla Philippines, Vilanueva KK Enterprises
Shandong Hai Shang 26 Oct 19,560 India,Chennai Philippines, Vilanueva KK Enterprises
Ocean Felicity 23 Nov 9,250 India,Kandla China,Lianyungang N/A
Total   188,810  

Quantity in MT
Source: SteelMint, Custom
Provisional Data


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