Odisha contributes almost entirely towards chrome ore production in India. Chrome Ore Production in FY’19 was noted to be 4,282,529MT. It is almost similar to the previous year’s production viz., FY18.
News ID: 4533 Publish Date : 2019/05/15
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
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
Neelachal Ispat Nigam Limited(NINL) - India's largest pig iron manufacturer & exporter has increased its steel grade pig iron prices by INR 750/MT (USD 11) following hike in offers by private mills.
News ID: 4439 Publish Date : 2019/05/07
Demand for medium grade iron ore fines continues to remain robust from Chinese steel mills. SteelMint in conversation with market participants learned that one of the merchant miners in Odisha has recently concluded low-grade iron ore fines (Fe 58/57%) to China at around USD 56-58/MT FoB India for May’19 loading.
News ID: 4427 Publish Date : 2019/05/06
Sponge iron export offers from Jharkhand & Odisha (eastern India) have moved down slightly by USD 5/MT due to declining offers for domestic buyers & falling exchange rate of Indian Rupee against dollar.
News ID: 4418 Publish Date : 2019/05/05
According to trade sources report to the SteelMint, few Odisha based major merchant iron ore miners are heard to increased iron ore offers by INR 200/MT today. SteelMint learned that miners namely Serajuddin Mines, KJS Ahluwalia, Kaypee Enterprises and RP Sao have raised fines prices by INR 200/MT.
News ID: 4407 Publish Date : 2019/05/04
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
SteelMint in conversation with market participants learned that few Odisha based exporters have ramped iron ore export bookings amid lucrative global iron ore prices post announcement of supply disruption from Australian and Brazilian miners.
News ID: 4281 Publish Date : 2019/04/09
India's domestic sponge iron market opened today with a slight price fluctuation of INR 100-200/MT, offers have remained similar on weekly basis.
News ID: 4267 Publish Date : 2019/04/09
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
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
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
As per SteelMint's analysis, iron ore movement across major producing states of the country recorded at 12.91 MnT (excluding exports) in Feb'19.
News ID: 4162 Publish Date : 2019/03/29
Jindal Steel and Power (JSPL) in press release today reported that, the producer has re-started 1.8 MnT per annum Sponge iron plant at Angul steel complex, Odisha .
News ID: 4160 Publish Date : 2019/03/29
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
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