Major ports see 169% surge in iron ore handling in April-January

A Fitch arm last month said country's iron ore output is projected to grow to 185 MT in next 4 years

Press Trust of India  |  New Delhi 

Dhamra Port
Representational image

shipments handled by the country's 12 major surged 169 per cent to 38.61 million tonnes (MT) in the April-January period of this financial year.

The government-owned had handled 14.37 MT of the key steel-making raw material in the corresponding period of the previous financial year.



The Indian Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report said that "percentage variation from previous year" in handling was as high as "168.59 per cent" in the first ten months of the current fiscal.

Mining giant Vedanta had recently said the worst phase for the domestic industry is over and exuded confidence that its arm is prepared to sustain the momentum amid softening global prices and subdued demand.

A Fitch arm last month said the country's output is projected to grow to 185 MT in the next four years.

"We forecast India's output to grow from 136 MT in 2017 to 185 MT in 2021," said BMI Research, a unit of

Earlier, output had taken a nosedive with an average contraction of 9.4 per cent y-o-y over 2012-2016 following mining bans in the three largest iron-ore producing states Goa, and Karnataka, which have since been lifted.

According to the IPA, handling shot up to 11.18 MT at during the 10-month period from 2.29 MT a year-ago while Port handled 9.17 MT as against 4.39 MT.

In Port, cargo increased to 8.51 MT as against 2.27 MT during the corresponding period a year-ago.

India has 12 major — Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, and (including Haldia) which handle approximately 61 per cent of the country's total cargo traffic.

Major ports see 169% surge in iron ore handling in April-January

A Fitch arm last month said country's iron ore output is projected to grow to 185 MT in next 4 years

A Fitch arm last month said country's iron ore output is projected to grow to 185 MT in next 4 years shipments handled by the country's 12 major surged 169 per cent to 38.61 million tonnes (MT) in the April-January period of this financial year.

The government-owned had handled 14.37 MT of the key steel-making raw material in the corresponding period of the previous financial year.

The Indian Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report said that "percentage variation from previous year" in handling was as high as "168.59 per cent" in the first ten months of the current fiscal.

Mining giant Vedanta had recently said the worst phase for the domestic industry is over and exuded confidence that its arm is prepared to sustain the momentum amid softening global prices and subdued demand.

A Fitch arm last month said the country's output is projected to grow to 185 MT in the next four years.

"We forecast India's output to grow from 136 MT in 2017 to 185 MT in 2021," said BMI Research, a unit of

Earlier, output had taken a nosedive with an average contraction of 9.4 per cent y-o-y over 2012-2016 following mining bans in the three largest iron-ore producing states Goa, and Karnataka, which have since been lifted.

According to the IPA, handling shot up to 11.18 MT at during the 10-month period from 2.29 MT a year-ago while Port handled 9.17 MT as against 4.39 MT.

In Port, cargo increased to 8.51 MT as against 2.27 MT during the corresponding period a year-ago.

India has 12 major — Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, and (including Haldia) which handle approximately 61 per cent of the country's total cargo traffic.
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