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Samarco to Restart Pellet Operations in 2020, What does it mean for Pellet Market?

18 December 2018 - 02:11
Brazilian pellet maker Samarco to start pellet operations in early 2020, which was closed since 2015

Indian Iron Ore Export Shipments Doubled in November, What is Driving It?

18 December 2018 - 02:00
The Indian iron ore industry is on the cusp of a new phase of growth and exports, which were heading southwards for the past few months, are beginning to swell once again. Iron ore export shipments in November 2018 stood at an impressive 0.83 MnT, almost double that of the preceding month’s 0.42 MnT.

India: NMDC Cuts Iron Ore Base Prices in Karnataka E- Auctions Despite Mining Suspension

18 December 2018 - 01:36
NMDC has reduced base prices in Karnataka e-auctions by INR 200/MT in fines & INR 100/MT in lumps for Dec’18.

Few South African Lump Traders Suspend Fresh Bookings On Recent Force Majeure by Transnet

16 December 2018 - 00:35
According to market sources report to SteelMint, recent bookings of South African lump by Indian mills are on lower side amidst lack of clarity on force majeure declared by South African miner.

Brazil: Iron Ore Exports Down 9% in Nov'18

9 December 2018 - 00:51
World's second largest exporter of iron ore - Brazil has recorded 9% decline in iron ore export volumes to 33.97 MnT in Nov'18 as compared to Oct'18 exports at 37.2 MnT, according to trade statistics released by Brazil customs.

South Africa: Iron Ore Exports Up 29% in Oct'18

8 December 2018 - 23:57
South Africa - World's 3rd largest iron ore exporter after Australia and Brazil recorded exports at 5.37 MnT in Oct'18, according to the trade data released by South African Customs. The exports witnessed rise of 29% on monthly basis as against 4.17 MnT in Sep'18.

Bangladesh : Imported Scrap Offers Stable, Bulk Scrap Imports Up 46% in Nov'18

8 December 2018 - 23:19
SteelMint learned in recent conversations with industry participants that limited trades for containerized scrap concluded at stable prices in Bangladesh this week. However, sentiments remain moderate amid limited inquiries in the local market by end customers.

China Aims to Expand Long Term Economic Ties with Iran

8 December 2018 - 23:00
Iran recently witnessed second wave of economic sanctions from US which targeted Banking, Insurance and Shipping industry of Iran.

India: Iron Ore Imports Up 8% in Nov’18

7 December 2018 - 02:01
JSW Steel's iron ore import up 74% to 0.9 MnT in Nov'18

JSPL Bags 42,000 MT in Recent OMC Iron Ore E-auction

7 December 2018 - 01:57
Odisha Mining Corporation (OMC) succeeded in drawing an encouraging response at its latest round of auctions of iron ore lumps on December 3, SteelMint learned from market participants.
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