Iron Ore Sourcing of Standalone Pellet Plants Remain Stable in Oct’16

Standalone pellet plants namely BRPL, Ardent Steels, NMDC (Karnataka) and OMM-Adhunik have significantly raised their iron ore sourcing last month.

Standalone pellet plants’ iron ore sourcing remain stable on monthly premises and stood at 0.76 MnT in Oct’16.

Ardent Steel’s iron ore sourcing increases sharply – Keonjhar (Odisha) based pellet manufacturer – Ardent Steel resumed pellet production after a span of ten months in Oct’16 and loaded 10 pellet rakes for export purpose to Dhamra port siding. It increased its iron ore procurement from 0.04 MnT in Sept’16 to 0.09 MnT in Oct’16. It sourced majority of its iron ore from Serajuddin Mines.

BRPL’s iron ore sourcing up by 21% in Oct’16 – BRPL increased its iron ore sourcing by 21% M-o-M from 0.28 MnT in Sept’16 to 0.34 MnT in Oct’16. It procured majority of iron ore from KJS Ahluwalia mines and Rungta Mines. Sourcing from both the mines increased by 50% on monthly premises.

Jamshedpur based pellet maker – OMM Adhunik whose iron ore sourcing remained nil in Sept’16, resumed its iron ore purchases and procured 0.08 MnT iron ore last month. Majority of the ore sourced was from Kaypee Enterprises and KJS Ahluwalia mines.

KIOCL’s iron ore sourcing down by 30% M-o-M – KIOCL sourced 0.16 MnT iron ore in Oct’16 against 0.23 MnT in Sept’16. It sourced 25 rakes from NMDC (C.G.) mines in Oct’16 and imported a vessel of 61,200 MT fines from Iran last month.

NMDC procured 12,000 MT fines and low-grade fines from Oct’16 Karnataka e-auctions for its upcoming pellet plant in Karnataka. Entire quantity sourced was from its Donimalai mines.

Standalone pellet plants iron ore sourcing: Oct’16 Vs Sept’16

Qty in MT
Provisional data
Source: Odisha govt., Railways, Karnataka DMG