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Indian Iron Ore Imports Data 2019 (Till Aug) - Importer Wise

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Fines/Lumps
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14 Sep 2019, 13:22 IST
Indian Iron Ore Imports Data 2019 (Till Aug) - Importer Wise

India has noticed a gradual decline in imports of iron ore from the last few months amid high global prices followed by Vale damn burst on 25th Jan'19. In the month of August, no import vessel was reported at Indian ports.

Total imports from Jan-Aug 2019 stands at around 1.9 MnT, Australia being the largest exporter with a total share of over 40% followed by South Africa and Brazil.

JSW Steel turn out to be the largest importer of iron ore at 1.12 MnT (Jan-Aug'19) with a share of 58% followed by Jindal Saw (0.16 MnT) and KIOCL (0.15 MnT).

Falling steel prices in India's domestic market kept demand for high priced imported iron ore low and cost-effective domestic iron ore/pellets remained a preference. Imported South African lumps inquiries in India continued to remain slow as the domestic pellet was more preferable. West India based steel mills preferred domestic pellets.

Indian Iron Ore Import Shipments (Jan-Aug 2019)

Month Unload Port Load Port Type Grade Fe% +/- Qty Receiver Price (in USD/MT)
Jan19 Jaigarh Australia Fines N/A N/A 1,87,884 JSW Steel N/A
Jan19 Kandla South Africa Lumps Kumba Lumps 64.96 54,500 JSW Steel 97.93
Feb19 Jaigarh Brazil Fines SFLA 65.32 1,69,612 JSW Steel 77.75
Feb19 Krishnapatnam Australia Fines SSF Fines 57 1,68,252 JSW Steel 43.63
Feb19 Mundra South Africa Fines Assmang Fines N/A 1,60,400 Jindal Saw 80.02
Feb19 Jaigarh Australia Fines SSF Fines 57.07 1,61,510 JSW Steel 39.3
Mar19 Mormugao South Africa Lumps Kumba Lumps 64.46 25,150 Goa Sponge 124.7
Mar19 Mormugao South Africa Lumps Kumba Lumps 64.46 9,850 Ambey Metallic 124.4
Mar19 Mormugao South Africa Lumps Kumba Lumps 64.46 25,150 Shraddha Ispat 122.8
Mar19 Kandla South Africa Lumps Assmang Lump 65.42 1,74,058 Various 124
Mar19 Tuticorin South Africa Lumps Kumba Lumps 65 54,700 Swiss Singapore 126
Apr19 Jaigarh Australia Fines SSF Fines 57.1 1,88,500 JSW Steel 73.51
Apr19 Mormugao Brazil Lumps Carjas Iron Ore 65.76 55,000 Chowgule and Company 114.55
Apr19 Mormugao South Africa Lumps Assmang Lump 65.34 50,300 Goa Sponge 123.93
Apr19 Mormugao South Africa Lumps Assmang Lump 65.34 33,500 Shraddha Ispat 122
Apr19 Mormugao South Africa Lumps Assmang Lump 65.34 11,000 Ambey Metallic 123.15
Apr19 Mormugao South Africa Lumps Assmang Lump 65.34 12,200 N/A 123.15
May19 Jaigarh Brazil Fines Iron Ore Conc N/A 1,85,000 JSW Steel 98.61
May19 Mangalore Brazil Fines Iron Ore Conc N/A 81,030 Kiocl 111.89
May19 Kandla South Africa Lumps Assmang Lump 65 10,900 Electrotherm 125.67
May19 Kandla South Africa Lumps Assmang Lump 65 19,750 Swiss Singapore 123.21
May19 Kandla South Africa Lumps Assmang Lump 65 16,300 Gallantt Metal 114.16
Jun19 Mangalore Brazil Fines BF Pellet Feed N/A 71,865 Kiocl 127.35
Jul19 Mormugao South Africa Lumps Kumba Lumps 64.03 11,105 Shraddha Ispat 137.17
Jul19 Mormugao South Africa Lumps Kumba Lumps 64.03 40,365 Goa Sponge 139.51
Aug19 Nil Nil Nil Nil NIL NIL Nil NIL
TOTAL 19,77,881

Qty in Mt
Source: SteelMint Stats, Custom
Provisional data

14 Sep 2019, 13:22 IST

 

 

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