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India imported 10.3 million tonnes coal in April

Steel News - Published on Wed, 23 May 2012

Bloomberg reported that India, the world third largest coal user, imported 11% less of the fuel in April compared with the previous month.

Buyers led by Adani Enterprises Ltd, Bhatia International Ltd, TATA Power Co and Steel Authority of India Ltd received 10.3 million tonnes of steam and coking coal via 22 of the 27 ports listed by Interocean Group a New Delhi based ship broker that provided the information. March imports were 11.6 million tons.

Interocean data show that the country imported 7.8 million tons of steam coal and 2.3 million tons of coking coal. The Mundra port on the western coast operated by the Adani Group received the highest volumes of 1.3 million tons. Gangavaram, Paradip and Krishnapatnam all on the eastern coast received 888,736 tons, 838,867 tons and 619,823 tons respectively.

According to the data shipments came from countries including Indonesia, Australia and South Africa while state owned Steel Authority of India and LMJ Industries bought cargoes from the US. BGH Exim and JSW Group imported from Mozambique at Kandla and Goa.

Source - Bloomberg


Posted By : admin on Wed, 23 May 2012
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