SteelMint Introduces Special Report on
“Iron Ore Railway Movement”
NMDC’s Iron ore supply to Chhattisgarh plants has dropped by 37% since Jan’14.
NMDC, a state-owned and India’s largest Iron ore miner, supply to Chhattisgarh Steel Mills have dropped by 37% from Jan’14 to Apr’14, according to special report on Iron Ore Railway Movement, managed by SteelMint & Steel-360.
It was reported that NMDC dispatched 74 rakes of Iron ore in the month of January, 2014 which has come down to 46 rakes in the month of April from its Bailadila mines located in Chhattisgarh.
NMDC produces around 20 MnT of Iron ore from its Chhattisgarh mines, out of which large portion is sold to Essar, RINL, KIOCL, JSW & Welspun. However, some quantity is reserved for steel plants located in Chhattisgarh.
|
Supply of Rakes from NMDC (Bailadila) to Chhattisgarh Plants |
|||||
|
Name of Consignee |
Jan’14 |
Feb’14 |
Mar’14 |
Apr’14 |
Total |
|
Monnet Ispat & Energy |
10 |
20 |
21 |
11 |
62 |
|
Topworth Steel & Power |
4 |
4 |
7 |
5 |
20 |
|
Jayaswal Neco Industries |
11 |
4 |
– |
– |
15 |
|
Vandana Global |
4 |
4 |
3 |
4 |
15 |
|
Sarda Energy & Minerals |
9 |
– |
– |
3 |
12 |
|
SKS Ispat |
4 |
– |
5 |
2 |
11 |
|
Shivalay Ispat & Power |
4 |
2 |
1 |
3 |
10 |
|
Rashmi Sponge Iron & Power |
4 |
3 |
1 |
1 |
9 |
|
Real Ispat & Power |
2 |
2 |
2 |
2 |
8 |
|
Shri Nakoda Ispat |
2 |
2 |
3 |
1 |
8 |
|
LLoyds Steel |
3 |
3 |
2 |
– |
8 |
|
Crest Steel & Power |
2 |
3 |
– |
1 |
6 |
|
Drolia Electrosteel |
3 |
2 |
– |
1 |
6 |
|
Public |
1 |
– |
1 |
4 |
6 |
|
Vaswani Industries |
3 |
1 |
– |
2 |
6 |
|
Shri Bajrang Power & Ispat |
– |
4 |
1 |
– |
5 |
|
Hi Tech Power Steel |
1 |
2 |
– |
1 |
4 |
|
Baldev Alloys |
2 |
1 |
– |
– |
3 |
|
Godawari Power & Ispat |
3 |
– |
– |
– |
3 |
|
Gopani Iron & Power |
– |
– |
1 |
2 |
3 |
|
Ghankun Steel |
1 |
1 |
– |
1 |
3 |
|
Sri Hare Krishna Sponge Iron |
– |
1 |
– |
– |
1 |
|
Mahendra Sponge & Power |
– |
– |
– |
1 |
1 |
|
Gopal Sponge |
– |
– |
1 |
– |
1 |
|
Aarti Sponge & Power |
– |
– |
– |
1 |
1 |
|
PD Industry |
1 |
– |
– |
– |
1 |
|
Grand Total |
74 |
59 |
49 |
46 |
228 |
SteelMint assessed that with falling Iron ore and Pellet prices in Odisha; Chhattisgarh based millers have switched their purchases from Odisha. Chhattisgarh is the second largest Sponge producer after Odisha and has an installed capacity of around 9 MnT.
Recently, NMDC cuts Iron ore lump prices upto INR 200/MT for the month of May’14, on account of poor off take.
Subscribe to Our Special Report
SteelMint – Iron ore Railway Movement is a special report on Iron ore carried through railways, which contributes to 80-85% of Iron ore movement in India. In this report we track three zones – South Eastern (SER), South West (SW) & East Coast (Eco). Report is being published on a monthly basis and subscribed by many big steel companies in India and worldwide.
How will it benefit
With the help of this report one can identify quantity of Iron ore moved by any steel plant through railways
- Can estimate steel production
- Can identify states where iron ore is being taken from
- Competitor analysis
- Can track exports of Iron Ore through Railways
- Can track Pellet movement in India through railways
To subscribe to our special report please go through http://www.steelmint.com/Ironore_Railway_Movement.php
For subscription you may contact me (manish.agrawal@steelmint.com) or call me at +91-9575100530
Note: This is a special report; not a part of regular subscription.
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