Vietnam – one of the fastest growing steel markets in South East Asia has continued uptrend in crude steel production and ferrous scrap imports in 2018. As per released customs data, Vietnam imported 4,800,891 MT ferrous scrap in 2018 up 23% Y-o-Y

In late 2017, a crisis-like situation engulfed the steelmakers around the world that make steel through the Electric Arc Furnace (EAF) route due to shortage of graphite electrodes amid reforms in China’s steel sector, which further led to dramatic increase in the

New Delhi – India’s mine auctions are set to begin in July 2019 and conclude by December 2019, a landmark event wherein a quarter of the country’s iron and manganese ore resources will be up for sale for captive users and merchant

World’s largest iron ore miner-Vale declared “Force Majeure” on some of its iron ore and pellet sales contracts on 5th Feb’19. This means company has suspended several iron ore and pellet contracts with buyers after the accident that has hit its production.

New Delhi – India’s largest iron ore producing state Odisha is likely to float tenders for auctioning dozens of mines and minerals blocks in the second half of this calendar year, as their mining leases are set to expire in 2020, a

Vale reports a supply disruption of 10-11 mnt pellets and 40 mnt iron ore annually after the dam mishap Vale can replace Iron ore supply from the new mining projects however pellets will be challenging Industry expects pellet premium may test $90

The Indian iron ore industry is expected to undergo a turnaround in 2019-2020. MMDR Amendment Act, 2015 has laid out the guidelines for lease extension of non-captive mines till 31 Mar’2020 following which the leases shall be put up for auction for

Metso – a Finland based world-leading industrial company for equipment and service solutions, received an order from Tata Steel to deliver a large-scale iron ore pellet plant and related engineering services in Kalinganagar operation located in Odisha state(India). Technical Know – How

World’s second largest iron ore miner- Rio Tinto has recorded increase in its CY18 shipments. Rio Tinto’s Pilbara iron ore shipments reported at 338.2 MnT, up against 330.2 MnT shipments in CY17 The rise owes to ramp of expanded mines and minimal

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