Sharp fall in iron ore and coking coal traffic at Indian ports in Apr

Monday, 28 May 2018 15:15:44 (GMT+3)   |   Kolkata
       

Iron ore and coking coal freight handled by major Indian ports recorded a sharp fall in April this year, compared to the corresponding month of the previous year, data sourced from the Indian Ports Association (IPA) show.

According to the data released by the IPA, total iron ore including pellets handled by Indian ports in April of the current year amounted to 3,964,000 mt, down 26 percent from the corresponding month of the previous year.

As regards coking coal handled by the ports in April this year, the volume of freight totaled 4,212,000, down 7.43 percent year on year.

One of the major contributing factors in the sharp fall in iron ore traffic was the complete halt in loading of all iron ore at Marmagoa port following the closure of mining operations in March of the current year in the wake of a Supreme Court verdict.


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