Iron ore

Tags - Iron ore
As per the vessel line up data maintained by SteelMint, Indian iron ore export volumes have seen significant increase in Mar’19. Till 16 Mar Indian iron ore export volumes have been recorded at 0.48 MnT against 0.33 MnT in Feb’19.
News ID: 4113    Publish Date : 2019/03/22

China's steel sector, and the imported iron ore upon which it relies, are currently locked in a struggle between largely bearish longer-term structural factors and short-term cyclical influences, some of which are bullish.
News ID: 4107    Publish Date : 2019/03/21

Brazil’s Vale (NYSE:VALE) has halted operations at the Alegria iron mine in the Mariana complex of Minas Gerais state, which may remove up to 10 million tonnes a year from the market.
News ID: 4104    Publish Date : 2019/03/21

JSW Steel - India's largest steel maker total iron ore sourcing at 2.85 MnT in Feb’19. The sourcing witnessed 53% rise M-o-M as against 1.87 MnT in Jan'19. On yearly basis, sourcing increased 19% as against 2.40 MnT in Feb’18.
News ID: 4092    Publish Date : 2019/03/20

Russian imports of iron ore, ferro alloys and coal dropped in Jan'19 amidst falling temperature and congestion at rail and port terminals.
News ID: 4086    Publish Date : 2019/03/19

MMTC- India’s largest and state-owned trading house, has floated EOI for empanelment of mine owners/ suppliers/ traders for the supply of non-canalised Iron Ore Fines and CLO.
News ID: 4049    Publish Date : 2019/03/16

Eseel Mining, a unit of Aditya Birla group is set to reduce its offers for iron ore lumps by Rs 400/t ($5.6). Essel Mining is one of the largest merchant iron ore miners with an annual capacity of 10 million tonnes per annum in the state of Odisha.
News ID: 4047    Publish Date : 2019/03/16

India's largest iron ore miner - National Mineral Development Corporation (NMDC) has announced a hike in floor prices in upcoming Karnataka e-auctions scheduled on 1st Mar’19. Iron ore base prices at NMDC Kumaraswamy have increased by around INR 400/MT in both fines and lumps.
News ID: 4031    Publish Date : 2019/03/15

Post Vale disruption, Indian pellet export prices rallied anticipating shortage in seaborne pellet trades. However, market sentiments have turned dull after Chinese New year holidays. Amid shrinking steel margins, Chinese mills are preferring low-grade iron ore and concentrate rather than going for high-grade ore & pellets.
News ID: 4017    Publish Date : 2019/03/14

According to the updates received, the NMDC Donimalai case has heard by the Karnataka High Court today and it has reserved the Judgement till next hearing for which date was not confirmed till the time of publishing this report.
News ID: 4012    Publish Date : 2019/03/14

According to the data maintained by SteelMint, Iran has exported 1.87 MnT iron ore via bulk shipments in the Feb'19 (during 22nd Jan- 21st Feb'19) and exports have hit eleven month high.
News ID: 3991    Publish Date : 2019/03/13

During the week-8 (16-23 Feb'19), Indian steel prices in secondary market remained on a free fall owing to weak demand from the domestic buyers & strong supply.
News ID: 3975    Publish Date : 2019/03/12

Continuing macroeconomic uncertainty continues to dampen the northwest European hot-rolled coil (HRC) market.
News ID: 3972    Publish Date : 2019/03/11

Bhushan Power & Steel - a major integrated steel maker with a capacity of 3.5 MnT has recorded iron ore sourcing at 0.22 MnT in Jan'19. The sourcing witnessed drop of 32% on monthly basis as against 0.33 MnT a month ago.
News ID: 3962    Publish Date : 2019/03/11

NMDC Ltd, India's biggest iron ore producer, has raised prices of the mineral from its CG mines by up to INR 490/MT (upto 17%) effective from tomorrow, SteelMint learned from market sources.
News ID: 3959    Publish Date : 2019/03/11

Vale- world's largest iron ore miner post the dam collapse of 25th Jan is proceeding with decommissioning of Forquilha I, Forquilha II, Forquilha III and Grupo dams which is expected to affect around 3 MnT production loss in 2019.
News ID: 3938    Publish Date : 2019/03/10

JSW Steel - India's largest steel maker recorded Jan19 iron ore imports at 0.19 MnT, down significantly by 79% as against 0.91 MnT in Dec’18. The miner imported 0.19 MnT of ore from Australia (down 74% M-o-M), and recorded nil imports from Brazil.
News ID: 3916    Publish Date : 2019/03/09

Australia - world's largest iron ore exporter has recorded decline in export shipments in Jan19, according to the vessel line up data maintained with SteelMint.
News ID: 3912    Publish Date : 2019/03/09

Iron ore mining giant Rio Tinto's (LON: RIO) shares dropped more than 7% on the London Stock Exchange Thursday, following two consecutive analyst downgrades.
News ID: 3902    Publish Date : 2019/03/08

Bhushan Steel - a major integrated steel maker with a capacity of 5.6 MnT has recorded iron ore sourcing at 0.35 MnT in Jan'19. The sourcing dropped 17% on monthly basis as against 0.42 MnT in Dec'18.
News ID: 3895    Publish Date : 2019/03/08

Most Like