India: Odisha Iron Ore Dispatches Down 6% in Jul’19 Amid Monsoons

Odisha- India’s largest iron ore producing state recorded total iron ore dispatches at 7.27 MnT in July’19, as against 7.74 MnT in June’19. The figures exclude movement for export and dispatches of miners- SAIL & Tata Steel.

Due to seasonal effect (monsoon) led the iron ore dispatches down from Odisha.

Rungta Mines, India’s largest private merchant miner, dispatched the iron ore at 1.75 MnT in July’19. The dispatch recorded 4% rise as against 1.68 MnT in June’19.

Serajuddin mine recorded iron ore dispatches at 0.96 MnT in July’19, down 15% against 1.13 MnT in June’19. According to the market sources, the miner has increased its iron ore production sharply by 38% to 1.5 MnT in Jul’19, reaching over four years high as against 1.09 in Jun’19. Serajuddin mine produces around 10 MnT iron ore annually and has an EC limit of 15.15 MnT p.a.

OMC, state-owned miner recorded 6% drop in dispatches to 0.77 MnT as against 0.82 MnT in June’19.

RP Sao, KJS Ahluwalia and Essel Mining recorded drop in monthly dispatches at 0.76 MnT, 0.43 MnT, and 0.37 MnT respectively.

Mine-wise Odisha Iron Ore Dispatches: July’19 v/s June’19

Quantity in MnT
Excluding movement for export & movement of SAIL and Tata Steel
Provisional Data
Source: Govt. of Odisha