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Indian Iron Ore Export Volumes Halve in CY’18

Indian iron ore export in CY18 recorded at 10.58 MnT. Exports witnessed a 47% drop against 19.91 MnT in CY17. On monthly basis, exports have dropped marginally to 0.825 MnT in Dec’18 against 0.83 MnT in Nov’18. However, exports have decreased significantly


Indian Iron Ore Imports Surge in CY18; Cross 15 MnT

Indian iron ore import in CY18 hit highest ever at 15.66 MnT, according to the customs data maintained by SteelMint. The imports have increased significantly on yearly basis as against in CY’17 to 5.5 MnT. On monthly basis, iron ore imports recorded


NMDC’s 3rd Iron Ore Price Cut in a Month’s Time

India’s biggest iron ore producer, NMDC, has announced a price cut of about 10-12% in iron ore for the month of Jan’19. Market participants were expecting a price cut looking at aggressive price cuts done by Odisha miners. Backed by successive price


Global Iron Ore Supply Expected to Grow in 2019

Global iron ore supply to grow in 2019 against previous year, as per forecast made by Mysteel – a leading market intelligence service provider on the Chinese metals and mining industry. Out of increase in iron ore supply forecasted, 18.9 MnT will