India Steel Market Watch
December 28: Handling of Iron ore (imported iron ore) by Magdalla Port stood at 330,391 tons in November 2015, showing a decline of 35.26% against 510,331 tons handled in October 2015, as per provisional data from port sources available with ISMW.
However, during the first eight months (April-November) of 2015-16, iron ore handling by this port stood at 3,174,896 tons, showing a decline of 2.24% from 3,248,174 tons handled in the same period of 2014-15.
Similarly, handling of iron ore by the port in November 2014 stood at 376,620 tons, which shows that handling was down 12.27% y-o-y.