The growth of steel industry in China, causing iron ore import demand of China continues to increase. The high iron ore demand in China’s industrial sector to create companies in China, especially the steel company, negotiated the purchase price of iron ore with some of the largest companies. Negotiate the purchase price of iron ore that has been done is the Australian and Brazilian mining companies.

There is a trend increase in import demand of iron ore to China make Indian companies plan to increase production of iron ore and increase the capacity of the port menambung for the production of iron ore import will be to China. One of the obstacles faced to make the export of iron ore from India to China is in the queue container port iron ore.

Haldia port is one port to shipment iron ore to countries that import iron ore. Based on experience from several companies that will shipment the iron ore, The time waiting for the iron ore shipping 18-20 days. The length of time to wait is because the limited capacity of the port in place of iron ore will be exported. Therefore, companies in India expect an increase in patch capacity of the mine will be sent through the port of Haldia. Following comments from some companies who use the services Haldia port.

A renewed strike in the eastern port of Haldia had slowed down activity at the port, increasing waiting periods of ships in Haldia port as well as Paradip port in neighbouring Orissa state, the exporters said.

“There is congestion in Haldia port where the waiting time of ships is for 18-20 days. In Paradip the waiting time is for 15-17 days,” said Rakesh Jain, export manager of Steer Overseas Ltd, a miner cum exporter in Orissa.

“Our demurrage is going up.” A senior official at Haldia port said iron ore shipments had not stopped though other shipments were affected.

“Contract workers have gone on a strike against their employers,” said the official at the port. “Coal and iron ore shipments are carrying on.” Deutsche Bank’s one month iron ore swaps were stable from last week at $78.5 a tonne.

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