Indian Pellet Rake Movement in Nov’15: Updates

Pellet movement through railways drastically decreased in Nov’15 as compared to Oct’15. In Nov’15, only 38,500 MT pellets were transported through 10 rakes.

Jindal Steel & Power Ltd, a major supplier of pellets in merchant market and having pellet capacity of 9 MnT, supplied only 1 rake i.e. 3,850 MT pellets in Nov’15 against 45 rakes in Oct’15 i.e. 173,250 MT pellets. Pellet purchases from Jindal Steel & Power Ltd, dropped down as it is operating its pellet plant at 50% capacity.

Ardent Steel Ltd supplied only 23,100 MT pellets via 6 rakes in Nov’15. It had supplied 42,350 MT pellets via 11 rakes in Oct’15. 

Another major supplier, BRPL, having a 4 MnT benefication plant in Odisha, had not supplied any rakes of pellets as pellet production is on hold from 2nd Nov’15.

Pellet Seller Pellet Buyers Oct’15 Nov’15
Ardent Steel Ltd Sova Ispat Ltd 2
Jharkhand Ispat Pvt Ltd 2
Shyam Steel 1 1
Gallant Ispat 2 1
Shah Sponge & Power Ltd 1
Rashmi Ispat Ltd. 2
Rajshri Iron Industries Pvt Ltd 1
Brahmaputra Metaliks Ltd 2
Aloke Steels Industries Pvt.Ltd 1
Maithan Ispat 1
Total   11 6
Arya Iron & Steel Ltd SPS Steel Rolling Mills 2
Super Smelters Ltd 1
Shivam Dhatu udyog Pvt Ltd 1
Total   1 3
Jindal Steel & Power Ltd Gagan Ferrotech 1 1
Super Smelters Ltd 2
Shah Sponge & Power Ltd 1
Tata steel  30
Bhushan Steel Ltd 10
Jharkhand Ispat Pvt Ltd 1
Total   45 1
Odisha Minerals Ltd (Adhunik) Tata steel  5
Total   5
Brahmani River Pellets Ltd Tata steel  4
Bhushan Steel Ltd 19
Total   23
Grand Total 85 10

Source: SteelMint
Note: Each rake carries approx 3,850 MT Pellet


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *