NMDC (Chhattisgarh) supplied total of 222 rakes (0.85 MnT) of iron ore in the month of Jul’19, down 28% against 310 rakes (1.19 MnT) a month before in Jun’19, according to railway movement data maintained with SteelMint.
NMDC supplied 18 rakes (0.07 MnT) to state-based units in Jul’19, down 51% against 37 rakes (0.14 MnT) a month before.
Owing to seasonal effect (monsoon) dispatches from the mines were down and also it resulted in increased loading time. Another reason was plunge in domestic sponge and billet prices amid weak market fundamentals.
NMDC’s supply to outside state-based units fell 27%-: The procurement by units outside C.G also witnessed a decline of 27% on monthly basis to 165 rakes (0.64MnT) in Jul’19 as against 226 rakes (0.87 MnT) in Jun’19.
JSW Steel (Dolvi) sourcing from NMDC recorded at 36 rakes in Jul’19, against 28 rakes a month before.
RINL procurement from NMDC Bailadila mines in Jul’19 down 42% on monthly basis to 85 rakes as compared to Jun’19 procurement at 146 rakes.
KIOCL procured 35 rakes in Jul’19 compared to 34 iron ore rakes from NMDC in Jun’19.
Movement for exports fall 17% in Jul’19-: NMDC’s movement of iron ore export for the month of Jul’19 witnessed 17% declined to 39 rakes as compared to 47 rakes in Jun’19.
NMDC (C.G.) Iron ore rake movement: Jul’19 Vs. Jun’19
| Seller | Buyer | Jul-19 | Jun-19 |
| NMDC(CG) to Chhattisgarh based Plant | Monnet Ispat & Energy Ltd | 3 | 5 |
| Gopani Iron & Power Ltd. | 2 | 1 | |
| Devi Iron & Power Ltd | 1 | – | |
| SKS Ispat | 1 | 3 | |
| Shri Bajrang Power & Ispat | 1 | – | |
| Ghankun Steel Pvt. Ltd. | 1 | – | |
| Phil Ispat | 1 | – | |
| Shilpy Steels Pvt Ltd | 1 | – | |
| Shree Shyam Sponge & Power Ltd | 1 | 1 | |
| Shree Sita Ispat & Power Pvt. Ltd. | 1 | – | |
| Jindal Steel & Power Ltd | 1 | – | |
| Shri Nakoda Ispat Ltd | 1 | 2 | |
| Mahendra Sponge & Power Ltd | 1 | 1 | |
| Vraj Metaliks Private Limited | 1 | 1 | |
| API Ispat & Power | 1 | 2 | |
| Bhagwati Power Steel | – | 1 | |
| Rashmi Sponge Iron & Power Ltd | – | 2 | |
| Sri Hare Krishna Sponge Iron Ltd | – | 1 | |
| Real Ispat & Power Ltd | – | 2 | |
| Gopal Sponge | – | 2 | |
| Hi-Tech Power Steel | – | 1 | |
| Grace Industries | – | 1 | |
| Shivalay Ispat & Power Pvt Ltd | – | 2 | |
| Vaswani Industries | – | 2 | |
| Godawari Power & Ispat Ltd. | – | 3 | |
| MahaMaya Sponge | – | 2 | |
| Aarti Sponge & Power Ltd | – | 2 | |
| Total | 18 | 37 | |
| NMDC(C.G.) to Other State | Rashtriya Ispat Nigam Ltd | 85 | 146 |
| Kudremukh Iron Ore Company Ltd | 35 | 34 | |
| JSW Steel, Dolvi | 36 | 28 | |
| Steel Exchange India Ltd | 3 | 6 | |
| Gallant Metal Ltd. | 2 | 3 | |
| Maha Maya | 2 | 2 | |
| Welspun Max Steel Ltd | 1 | 3 | |
| Noble Tech Industries Ltd. | 1 | 2 | |
| Pushpit Steels Pvt. Ltd | – | 1 | |
| Aloke Steels Industries Pvt.Ltd | – | 1 | |
| Total | 165 | 226 | |
| Export | 39 | 47 | |
| Grand Total | 222 | 310 | |
Each rake carries approximately 3,850 MT iron ore
*Excluding Essar Steel’s movement through slurry pipeline
Source: SteelMint Research, Railways
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