Iron ore

Tags - Iron ore
Indian spot steel trades were limited during the week-19 (6th to 11th May) this in turn resulted fall in prices of mid sized mills.
News ID: 4537    Publish Date : 2019/05/16

JSW Steel’s iron ore purchases from Karnataka e-auctions increased by more than twice to 2.18 MnT in Apr'19 compared to 1.02 MnT in Mar'19.
News ID: 4527    Publish Date : 2019/05/14

Odisha - India's largest iron ore producing state recorded increase in iron ore production to 109.74 MnT, up by 11% for the fiscal year FY’19 as against 98.87 MnT in last fiscal FY'18, according to the provisional data of Odisha Govt. maintained by SteelMint.
News ID: 4525    Publish Date : 2019/05/14

According to General Administration of Customs, China - the world's largest iron ore consumer and importer, recorded fall of 7% in iron ore imports to 80.77 MnT in Apr'19 against 86.42 MnT in Mar'19
News ID: 4520    Publish Date : 2019/05/14

Vale- world's largest iron ore producer witnessed drop in iron ore and pellet production for first quarter CY19 due to dam failure in Jan'19 resulting in subsequent halt at numerous mines and tailing dams.
News ID: 4515    Publish Date : 2019/05/14

China iron ore future edged up 4% today due to supply crisis from Vale over delay in resumption at Brucutu mines. Vale on Monday (6th May) was ordered by the Minas Gerais Court of Justice (Tribunal de Justiça do Estado de Minas Gerais - "TJMG") to hold production at its Brucutu mines.
News ID: 4512    Publish Date : 2019/05/14

Durgapur pellet prices remain supported despite fall in sponge offers -: Eastern India pellet prices have remained supported on the back of hampered iron ore movement amid logistics constraints over cyclone Fani.
News ID: 4509    Publish Date : 2019/05/14

NMDC- India's largest iron ore mine production in Apr'19 recorded at 2.9 MnT down 28% as against 4.04 MnT in Mar'19. However on yearly basis production moved up up 20% as against 2.41 MnT in Apr'18. .
News ID: 4508    Publish Date : 2019/05/14

South African iron ore exports increased 7% in Q1 CY19 to 17.79 MnT, as against 16.58 MnT in Q4 CY18. On yearly basis, exports picked up by 14% as against 15.56 MnT in Q1 CY18.
News ID: 4498    Publish Date : 2019/05/14

Indian iron ore export volumes increased by 14% to 1.36 MnT as against 1.19 MnT in Mar’19. On yearly basis, iron ore export increased by 15% as against 1.18 MnT in the month of April’18 last year. Iron ore exports from India have climbed to 1-year high as similar level of exports was last seen in Mar’18 at 2.63 MnT.
News ID: 4496    Publish Date : 2019/05/10

Indian domestic steel trade activities were subdued during the week-18 (27th Apr to 04th May) as prices remained volatile amid average supply-movement.
News ID: 4493    Publish Date : 2019/05/10

World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 18.34 MnT in Apr'19, down 17% as compared to Mar'19 exports at 22.18 MnT, according to trade statistics released by Brazil customs.
News ID: 4490    Publish Date : 2019/05/10

Iran produced 26.7 million tons of iron ore pellets during the last Iranian year (ended March 20), to register a 49-percent growth compared with the preceding year’s corresponding period.
News ID: 4477    Publish Date : 2019/05/09

SteelMint has learned from the market sources that, Odisha based major merchant iron ore miners are holding same offers this week amid decent bookings.
News ID: 4471    Publish Date : 2019/05/09

Odisha Mining Corporation (OMC) - a state-owned miner is to conduct next e-auction for 430,000 MT iron ore fines on 07th May'19. The material put under the hammer is from Gandhamardan, Daitari, and Koira mines. No traders shall be allowed to take part in the e-auction.
News ID: 4469    Publish Date : 2019/05/09

India's largest iron ore miner -NMDC export movement has increased sharply by almost five-fold in the month of Apr’19. According to rake movement data maintained with SteelMint, exports stood at 80 (0.31 MnT) rakes in Apr’19 as compared to 16 rakes (0.06 MnT) a month before.
News ID: 4460    Publish Date : 2019/05/09

Godawari Power and Ispat Limited (GPIL) - one of the largest steel producers based in central India has released its operational results for fourth quarter of FY’19 ending Mar'19.
News ID: 4456    Publish Date : 2019/05/09

SteelMint in conversation with market participants learned that Raipur (Central India) based pellet manufacturers have today reduced offers to INR 6,300/MT (ex-Raipur, GST extra) for Fe 63% grade. Last offer floated was at INR 6,400/MT (ex-Raipur, GST extra).
News ID: 4455    Publish Date : 2019/05/07

This week Chinese steel prices exhibited mixed sentiments as they started the week with positive note amid higher steel prices. However later prices declined gradually on weekly basis owing to dull trading activities and weak demand in domestic market.
News ID: 4445    Publish Date : 2019/05/07

According to the data maintained by SteelMint, Iran's iron ore exports via bulk shipments in first month of current Persian year (Apr'19) was recorded at 1.31 MnT, down 30% as against 1.88 MnT a month ago.
News ID: 4442    Publish Date : 2019/05/07

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