Major Iranian iron ore companies produced 26.7 million tonnes of pellet s during the last Iranian year (ended March 20,2019), up 49 percent year-on-year.
News ID: 4483 Publish Date : 2019/05/09
Iran produced 26.7 million tons of iron ore pellet s 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
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 pellet s to Emirates Steel.
News ID: 4476 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 pellet s 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
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
India pellet export market remains quiet this week. Indian pellet makers were heard offering Fe 64/63% pellet s with 3% Alumina at USD 119-120/MT CFR China but no deals were reported.
News ID: 4436 Publish Date : 2019/05/06
The Anglo American Kumba iron ore production for Q1 CY19 witnessed at 9.5 MnT, down 12% as against Q1 CY18 production at 10.8 MnT. On quarterly basis too, the production dropped 6% as against Q4 CY18 at 10.2 MnT. The production was on lower side due to unplanned plant maintenance at Sishen and Kolomela mine.
News ID: 4432 Publish Date : 2019/05/06
The third largest exporter of pellet in the global market, Ferrexpo Plc shared that the iron ore pellet market is to witness a shortfall of about 5-10 MnT in 2019. This is due to production disruption due to Vale dam mishap of Jan'19. Besides, the Samarco pellet plant in Brazil continues to be suspended and resumption may be delayed further.
News ID: 4428 Publish Date : 2019/05/06
Essar Steel - an integrated steelmaker with steel making capacity of 10 MnT p.a. recorded an increase in total iron ore & pellet sourcing for FY’19. The sourcing stood at 12.77 MnT in FY’19, up as against 12.32 MnT in FY’18.
News ID: 4426 Publish Date : 2019/05/06
Domestic pellet prices in India have observed a mixed response this week. Few pellet makers in Durgapur (eastern India) have increased offers this week by INR 100-200/MT. However, in central, southern and western India pellet market sentiments continue to remain dull.
News ID: 4419 Publish Date : 2019/05/05
According to vessel line up data maintained with SteelMint, vessel named “Magnum Force” carrying 53,860 MT pellet s from Iran is expected to arrive at Kandla port shortly. Since the data maintained with SteelMint, it’s for the first time that India is importing pellet s from Iran.
News ID: 4410 Publish Date : 2019/05/04
According to National Bureau of Statistics, China - world's largest consumer and importer of iron ore has witnessed fall in crude iron ore production for Q1 CY’19.
News ID: 4406 Publish Date : 2019/05/04
Tata Steel BSL crude steel production crosses 4 MnT mark in FY19
News ID: 4391 Publish Date : 2019/05/02
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
Bahrain Steel - wholly owned company of Foulath Holding, recently unveiled its plans to double its pellet production over the next 10 years. It has two pellet izing plants with total capacity of 12 MnT p.a. and it is the third largest pellet producing plant in the world.
News ID: 4199 Publish Date : 2019/04/06
Spot iron ore fines Fe 62% index has today jumped by almost USD 3.2/MT against yesterday and closed today at USD 87.05/MT, CNF China.
News ID: 4183 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
Essar Steel - an integrated steelmaker with steel making capacity of 10 MnT p.a. recorded sharp increase in total iron ore & pellet sourcing for the month of Feb’19.
News ID: 4115 Publish Date : 2019/03/22
According to the market participants report to SteelMint, Chinese mills continue to prefer low-grade iron ore which in turn kept inquiries for Indian pellet s on the lower side. Even pellet port stocks in China have registered an increase in the last couple of weeks.
News ID: 4090 Publish Date : 2019/03/20
Indian pellet offers have remained unmoved this week against the previous week’s offer amid low trades and limited inquiries.
News ID: 4061 Publish Date : 2019/03/17