SteelMint Iron Ore Insight – May’16

The May’16 issue of SteelMint Iron Ore Insight covers brief snapshot on Indian iron ore, pellets and mill scale market in Apr’16. It also includes cover story on Indian Iron Ore Production Might Touch 155 MnT during FY16.

Major highlights of the report are:

1. Odisha: Merchant miners yet to revise prices
2. Chhattisgarh: NMDC cuts iron ore prices by upto INR 220/MT
3. Karnataka: Iron ore sales down by 53% in Apr’16
4. Goa: 15th Goan iron ore e-auction receives dull response
5. China: Australian fines (Fe 62%) prices up by USD 5/MT
6. Indian iron ore import up in Apr’16
7. Iron ore export from India increases by 30%
8. Indian pellet market highlights
9. Updates on Indian mill scale market
10. Vessel freight

Link to SteelMint Iron Ore Insight-May’16 issue