NMDC

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NMDC Donimalai pellet plant has resumed offering pellets after a gap of around five months. The company has quoted fresh offer Fe 64% pellets at INR 7,000/MT (FoT basis).
News ID: 8560    Publish Date : 2020/02/27

Domestic iron ore prices in India may rise sharply in the 2020-21 fiscal year starting 1 April, said credit rating agency Fitch's Indian arm India Ratings, as mine auctions in Odisha state yield high-priced winning bids that could curb recovery in the profit margins of steel mills.
News ID: 8524    Publish Date : 2020/02/28

India's state-controlled NMDC plans to lift its iron ore output significantly in the 2020-21 fiscal year starting 1 April, anticipating robust sales and higher prices on the back of a supply shortage.
News ID: 8290    Publish Date : 2020/01/10

State-controlled steel producer Steel Authority of India (Sail) increased iron ore output by 5.25pc to around 22mn t in 2019, a record high for the company.
News ID: 8289    Publish Date : 2020/01/10

The Indian Bureau of Mines (IBM), Ministry of Mines, Government of India approved the Mining Plan of NMDC to enhance the production of iron ore from Kumaraswamy Iron Ore Mines from present level of 7 million tonnes per annum to 10 million tonnes per annum for the years 2020-21 and 2021-22. The said notification was issued by the Regional Control of Mines, Indian Bureau of Mines, Bangalore.
News ID: 8017    Publish Date : 2019/12/18

India's iron ore output is poised to post a sharp drop in the 2020-21 fiscal year starting 1 April, but it may not result in a significant spike in imports although domestic prices may increase.
News ID: 7779    Publish Date : 2019/12/05

The Andhra Pradesh government and state owned mining major NMDC will soon sign an MoU for supply of iron ore, a critical raw material, for the proposed Kadapa steel plant plant, foundation for which is planned to be laid next month.
News ID: 7410    Publish Date : 2019/11/08

NMDC (Chhattisgarh) supplied total 303 rakes (1.16 MnT) of iron ore in the month of Oct’19, up 59% against 190 rakes (0.73 MnT) a month before in Sept’19, according to railway movement data maintained with SteelMint.
News ID: 7336    Publish Date : 2019/11/01

JSW Steel- India's second largest private steel maker total iron ore sourcing recorded at 1.33 MnT in Sep'19. The sourcing witnessed 21% drop M-o-M as against 1.69 MnT in Aug'19. On yearly basis, sourcing fell 42% in Sep'19 as against 2.29 MnT in Sep'18.
News ID: 6935    Publish Date : 2019/10/14

NMDC - India's largest iron ore producer registered iron ore sales at 1.91 MnT for the month of Sep’19, up 28% as compared to 1.49 MnT in Aug'19. Sales from Chhattisgarh mines witnessed at 1.34 MnT (up 28% M-o-M) and sales from Karnataka mines at 0.57 MnT, up 30% on monthly basis.
News ID: 6701    Publish Date : 2019/10/03

South India (Karnataka) based - NMDC Donimalai pellet plant has increased offers by INR 200/MT to INR 6,200/MT (FoT basis).
News ID: 6475    Publish Date : 2019/09/20

Karnataka has registered fall marginally in monthly e-auction sales volume in Aug’19. Total iron ore allotted quantity was recorded at 2.40 MnT in Aug’19 compared to 2.41 MnT in Jul’19. However, on yearly basis, Karnataka e-auction sales moved up by 8% in Aug’19 as compared to 2.21 MnT in Aug’18.
News ID: 6440    Publish Date : 2019/09/09

NMDC - India's largest iron ore producer registered 28% decline in production for the month of Aug'19 at 1.41 MnT as against 1.95 MnT a month ago. On yearly basis too, production fell by 4% as compared to 1.46 MnT in Aug’18. The production has witnessed a fall amid heavy rains & monsoons and prolonged closure at Donimalai mines. Out of the total production of 1.41 MnT in Aug, 0.79 MnT were from Chhattisgarh mines (down 32% M-o-M), while remaining 0.62 MnT (down 22%) stood from Karnataka mines.
News ID: 6386    Publish Date : 2019/09/05

Bharat Heavy Electricals Limited - a govt owned unit yesterday in a BSE filing informed that - "a contract to construct a Raw Material Handling System at NMDC 's under construction Integrated Steel Plant, Nagarnar, Bastar district — Chhattisgarh, is being executed by BHEL-ISG Bengaluru division."
News ID: 6361    Publish Date : 2019/09/03

NMDC (Chhattisgarh) supplied total of 169 rakes (0.65 MnT) of iron ore in the month of Aug’19, down 24% against 222 rakes (0.85 MnT) a month before in Jul’19, according to railway movement data maintained with SteelMint. Amid heavy rains, miner's iron ore production and dispatches were learned to have remained adversely impacted.
News ID: 6353    Publish Date : 2019/09/02

India's largest iron ore miner - National Mineral Development Corporation ( NMDC ) is going to conduct an e-auction of 8,000 MT lump ore, 8,000 MT ROM, 8,000 MT DRCLO and 16,000 MT iron ore fines.
News ID: 6195    Publish Date : 2019/08/27

Govt of Karnataka, decided to cancel the lease renewal order of NMDC 's Donimalai mines in Karnataka in an order dated 17 Aug '19 and further put for an auction sale of the expired mine lease block.
News ID: 6176    Publish Date : 2019/08/26

PELLEX down by INR 150 to INR 6,100/wmt (DAP Raipur) against the last index at INR 6,250/wmt published on 16th Aug due to recent transactions. Deal for around 25,000 MT pellets was reported at INR 6,000-6,100/MT (DAP Raipur).
News ID: 6153    Publish Date : 2019/08/25

Government of Karnataka is to conduct e-auction of Donimalai iron ore mine earlier held by NMDC . The government has invited bids for grant of mining lease, for which the technical and financial bids are to be submitted online. The sale of tender document will commence on 26th Aug’19.
News ID: 6152    Publish Date : 2019/08/25

NMDC Ltd- India's biggest iron ore producer, has today announced a roll over in its iron ore prices for August deliveries, as per market sources report to SteelMint.
News ID: 6029    Publish Date : 2019/08/18

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