India’s Non-coking Coal imports surge by 5.7% W-o-W

Non-coking Coal import reached around 3 MnT at the week ended on 22 Mar, 2014 and registered a jump of 5.7% against previous week.

SteelMint assessed that India has imported around 3 MnT at the end of week 12, which has increased from 2.8 MnT of preceding week. Out of the total imported, around 73% Non-coking comes from different destination.

Indonesia, a major supplier of Non-coking supplied around 2.4 MnT in the period of week 12 and registered a decline of 8.3% against the prior week.

A large quantity of Non-coking is imported from Indonesia, South Africa, Chile & Brazil. Out of the total weekly imports, India has imported around 0.23 MnT from South Africa which belongs to India Cement, Bhatia & Hindalco Industries. About 0.14 MnT & 0.08 MnT Non-coking arrived from Chile & Brazil which has imported by Coastal Energy & Adani Enterprises respectively.

Mundra has imported maximum quantity i.e. around 0.82 MnT of Coal, contribution of quantity was given by Adani Power, Coastal Gujarat Power & Adani Enterprises as per the consideration of 33 major & minor Indian ports. Krishnapatnam is the second highest quantity port that imported around 0.37 MnT of Non-coking.

Adani Enterprises & Adani Power are the major importers of Non-coking at the week ended on 22 Mar, 2014. Adani Enterprises has imported about 0.53 MnT from Indonesia & Brazil. Adani Power has imported around 0.42 MnT of Indonesian Non-coking Coal at Mundra & Dahej Port.