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
Jindal Steel and Power Ltd (JSPL) in recent press release reported that, it has bagged a INR 665 crore order from Rail Vikas Nigam Ltd (RVNL) to supply 89,042 MT of rails.
News ID: 4526 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
JSW Steel, India 's largest private steel producer has released its monthly crude steel output results today for Apr’19. Company’s long steel, flat steel and crude steel output witnessed decline on monthly basis in Apr’19.
News ID: 4524 Publish Date : 2019/05/14
Ferro Silicon prices in India are still unchanged, but the sentiment seems to be turning towards positive. Some of the major producers reported that they have steady demand and are mostly sold out.
News ID: 4522 Publish Date : 2019/05/14
Weakening demand of finished products has lowered furnaces margins (conversion spread) which in turn has weakened buying interest of pig iron in India n domestic market.
News ID: 4521 Publish Date : 2019/05/14
India n Ferro Chrome prices fell again for consecutively five weeks in line with lacklustre stainless steel demand, prompting Stainless Steel producers to reduce production, and thereby adversely affecting demand for Ferro Chrome.
News ID: 4516 Publish Date : 2019/05/14
India n Manganese Alloys producers may experience hike in domestic Manganese Ore prices amid shortage in supply from the sea-borne trade. India n buyers have witnessed a hindrance in imports of manganese Ore from South Africa in the previous month.
News ID: 4510 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
Rashtriya Ispat Nigam Limited (RINL)- a state-owned steel maker under the Ministry of Steel, has invited a tender for export of 30,000 MT Billets and 30,000 MT Bloom.
News ID: 4504 Publish Date : 2019/05/14
India n Silico Manganese prices remained stable amid moderate demand. The prices of Silico Manganese were mostly under pressure due to the sluggish steel market.
News ID: 4501 Publish Date : 2019/05/14
India , one of the world's largest ship recycler has imported about 1,740,000 LDT of ship breaking scrap in FY19, which is lowest since the year of 2014, as per data maintained by SteelMint.
News ID: 4489 Publish Date : 2019/05/10
Rashtriya Ispat Nigam Limited (RINL) - state-owned steel maker under the Ministry of Steel, has invited a tender for export of 10,836 MT Billets and 2,709 MT Bloom.
News ID: 4486 Publish Date : 2019/05/10
State-owned pellet maker - Kudremukh Iron Ore Company Ltd (KIOCL)has signed a tripartite MoU with Emirates Steel, Abu Dhabi, and Star Global, Dubai for sale of high-grade pellets to Emirates Steel.
News ID: 4476 Publish Date : 2019/05/09
Steel Authority of India Ltd (SAIL) - India 's govt. owned steel maker has received better response in today's auction for 7,850 MT steel grade pig iron from its Rourkela Steel plant (RSP) located in eastern India .
News ID: 4474 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
West India (Rajasthan) based pellet maker - Jindal SAW has decreased pellet offers by INR 200/MT (USD 3/MT). Current offers for Fe 63% grade pellets have moved down to INR 8,300/MT (delivered Kandla) against the previous assessment of INR 8,500/MT at last week. Jindal SAW runs a 1.5 MnT pellet plant in Bhilwara (Rajasthan).
News ID: 4467 Publish Date : 2019/05/09
State Owned, Odisha Mining Corporation (OMC) is all set to conduct the e-auction on 04 May’19. Ores from Sukrangi Mines and South Kaliapani Mines will be put under the hammer during this month’s auction.
News ID: 4462 Publish Date : 2019/05/09