India n refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member, four sources said.
News ID: 4290 Publish Date : 2019/04/10
India 's largest iron ore miner - National Mineral Development Corporation (NMDC) has announced reduction in floor prices in upcoming Karnataka e-auctions scheduled in Apr’19. Iron ore base prices at NMDC Kumaraswamy have decreased by around INR 150/MT in both fines and lumps.
News ID: 4288 Publish Date : 2019/04/09
The private pig iron producers in eastern India - Durgapur, Odisha & Jharkhand have raised prices by around INR 500/MT (USD 7). As per officials, prices have moved up on account of supply crunch and significant rise in domestic billet prices.
News ID: 4286 Publish Date : 2019/04/09
SteelMint in conversation with market participants learned that Odisha's 2nd largest merchant miner - Serajuddin Mines has further widened discounts on iron ore lump prices further today on bulk bookings.
News ID: 4285 Publish Date : 2019/04/09
In the April round of e-Auction, conducted by Odisha Mining Corporation (OMC) on 04 Apr’19 received a moderate response in line with low demand in the market.
News ID: 4265 Publish Date : 2019/04/09
India 's major mills that are producing steel through the blast furnace route have raised their finished long steel prices by around INR 500-1,000/MT (USD 7-14) across regions.
News ID: 4248 Publish Date : 2019/04/08
TATA Metaliks Limited (TML) - one of the major foundry grade pig iron manufacturer in India has reduced its prices for Apr'19 deliveries.
News ID: 4244 Publish Date : 2019/04/08
Neelachal Ispat Nigam Ltd (NINL) - India ’s largest and state-owned steel grade pig iron manufacturer & exporter has rolled-over steel grade pig iron prices today.
News ID: 4239 Publish Date : 2019/04/08
The company kept base prices unchanged for today's auction and nearly 10-11% material was booked.
News ID: 4237 Publish Date : 2019/04/08
State-owned pellet maker - KIOCL (Kudremukh Iron Ore Company Ltd) recorded enhanced pellet production for FY'19. The production recorded at 2.24 MnT, above the set target of 2.17 MnT.
News ID: 4236 Publish Date : 2019/04/08
Manganese Ore India Ltd (MOIL), a Mini Ratna Schedule-A CPSE, under the administrative control of the Ministry of Steel, is the largest producer of manganese ore in the country
News ID: 4234 Publish Date : 2019/04/08
Neelachal Ispat Nigam Ltd (NINL) has witnessed 111 percent surge in its hot metal output for the last financial year ended March 31, 2019.
News ID: 4219 Publish Date : 2019/04/07
Induction furnaces based in Jindal's industrial park in Punjipatra, Raigarh (Central India ) has reported fall in production since 1st April due to power cuts by Jindal power ltd (JPL) for 5-6 hrs/day.
News ID: 4217 Publish Date : 2019/04/07
NMDC Ltd, India 's biggest iron ore producer, has cut iron ore lump and fines price from its CG mines by up to INR 150/MT (5%), SteelMint learned from market sources.
News ID: 4212 Publish Date : 2019/04/07
India n Silico Manganese Prices were stable amid moderate demand in the domestic market. Producers stated that the market sentiments were almost similar throughout the market and due to the prevailing dull steel market, redemption of prices cannot be foreseen in the near future.
News ID: 4198 Publish Date : 2019/04/06
State-owned miner - Odisha Mining Corporation (OMC) is all set with iron ore production ramp up plans for coming years to make up for expected supply disruption after March 2020 following lease expiry.
News ID: 4196 Publish Date : 2019/04/06
Odisha - India 's largest iron ore producing state has recorded Feb'19 production at 10.03 MnT, down 5% M-o-M. During FY'19 (Apr-Feb) Odisha iron ore production has increased by 12% to 98.6 MnT as against 88.05 MnT in the same period last fiscal FY'18.
News ID: 4194 Publish Date : 2019/04/04
SteelMint has learned from the market sources that, Odisha based major merchant iron ore miners are heard to have increased discounts on bulk quantity purchase against last offer.
News ID: 4188 Publish Date : 2019/04/04
This week India n PPGI prices in domestic market softened amid slowdown in buying activities in traders market. Prices move down by around INR 500-700/MT in traders market this week.
News ID: 4187 Publish Date : 2019/04/04
Odisha (Jharsuguda) based pellet maker - Shyam Metaliks & Energy is all set to commence operations at its new pellet plant in Jharsuguda with 0.6 MnT pa capacity.
News ID: 4180 Publish Date : 2019/03/30