The global iron ore pellets market and trade is surging at a phenomenal pace and 2019 will witness further acceleration in pellet demand and supply. Brazilian mining major Vale is negotiating a change in its 2019 iron ore pellet contracts from the current

India’s iron ore production increased by 11% Y-o-Y in FY18 and was recorded at 202.5 MnT. Will the growth in Indian iron ore production continue in this fiscal too? SteelMint has analysed output across major iron ore producing states and it is

Indian iron ore export shipments increase 97% in Nov, 2018 against Oct NMDC resumes iron ore exports under long term agreement with Japan and Korea Demand for low grade increases in China as steel margins fall   The Indian iron ore industry

Brazilian pellet maker Samarco to start pellet operations in early 2020, which was closed since 2015 Brazillian Samarco, after being shut for a period of around three years has reached an agreement for operation resumption. The Samarco pellet plant’s making capacity is

Indian iron ore imports is projected to cross 15 million tonnes (MnT) by the end of this fiscal, which could be an all time high. Imports of iron ore is the highest since 2014-15 when the country imported a record 15 MnT

The Karnataka government had put eight iron ore mines on an e-auction in September 2018. Out of which, five had qualified for final rounds and the remaining three mines were disqualified.They had less than three bidders hence not qualified for next round

India’s largest state-owned mining company, the National Mineral Development Corporation (NMDC) has cut iron ore prices by 7.8 % for its December deliverable, Steel Mint has come to learn from reliable sources. The current price of DR CLO is Rs 4,620, which

Iron ore imports to India has been showing gradual upside for the past two years with volumes of 5.79 MnT in FY17 and 8.6 MnT in FY’18. Owing to suspension at few major mines in Odisha over delayed penalty payment in the

Strong Chinese demand on strict environmental norms and absence of Samarco gave a big push to Indian pellet export volumes. India exported 9.68 MnT pellets in CY17 which was 5.79 MnT in CY16 and around 1 MnT the year previous. In CY17,

While sustainability has become a catchword in the global iron and steel industry, manufacturers face a two-pronged challenge of ensuring continued supply of high quality raw materials and reducing their carbon footprints. One manufacturer in Odisha (eastern state of India) faced rising