India’s coking coal imports down 8% in Apr-Jan, decline rate slows

Monday, 15 February 2021 11:56:42 (GMT+3)   |   Kolkata
       

India’s coking coal import traffic through all major ports in the country was recorded at 43.23 million mt in April-January 2020-21, a decline of 7.86 percent from the corresponding period of the previous fiscal, according to data sourced from the Indian Ports Association (IPA) on Monday, February 15.

According to calculations by SteelOrbis, on a sequential basis, the decline in imports of coking coal is slowing down. In the April-December period of 2020, coking coal imports had declined by 12.13 percent year on year.

The slower pace of decline in April-January 2020-21 at seven percent is largely owing to higher arrivals of imported coking coal at Indian ports in January, which totaled 6.273 million mt.

The data also showed that total iron ore traffic (lumps, fines, pellets) handled by all the major ports was recorded at 56.926 million mt in April-January 2020-21, a rise of 26.49 percent year on year.


Similar articles

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

India’s coking coal imports from Russia hit peak in April-February of FY 2024-24

26 Mar | Steel News

China’s coking coal imports up 36.52 percent in January-February

26 Mar | Steel News

Fitch Ratings raises iron ore price assumptions for 2024-2026 amid limited supply

22 Mar | Steel News

Ex-Australia coking coal prices heading below $250/mt FOB

21 Mar | Scrap & Raw Materials

Turkey’s coking coal imports up 102.2 percent in January

19 Mar | Steel News

Local Chinese coking coal prices - week 11, 2024

15 Mar | Scrap & Raw Materials

Local coke prices in China decline, further cuts expected

15 Mar | Scrap & Raw Materials

Buyers seek $250/mt FOB for ex-Australia coking coal after latest deal

15 Mar | Scrap & Raw Materials

Ex-Australia coking coal drops closer to $280/mt FOB as suppliers try to push sales

14 Mar | Scrap & Raw Materials