NMDC

NMDC’s Iron Ore Supply to Chhattisgarh based Units firm in Dec’14

NMDC’s Iron ore supply to Chhattisgarh based Sponge/Steel units remain firm in Dec’14 against Nov’14. According to data on Iron ore movement through railways tracked by SteelMint, it was observed that 87 rakes were supplied in the month of December against 89 in November from NMDC’s Chhattisgarh (Bailadila) mines. Each rake carries 3,900 MT Iron ore.

Iron ore supply from Odisha remained critical till December but expected to improve in coming months owing to rising production in Odisha.

“We prefer buying Iron ore from Odisha because of quality and price. But, availability was an issue, so we had to buy from NMDC. Current landed cost of Fe63% Iron fines from Odisha is about INR 4,800-5,000/MT and about INR 5,200-5,300/MTfrom Chhattisgarh (all inclusive of royalty & taxes),” said a Pellet manufacturer based in Raipur.

NMDC Iron Ore Rake Movement

Chhattisgarh based Steel Plant

Nov’14

Dec’14

SKS Ispat

7

10

Shri Bajrang Power & Ispat

5

7

Jayaswal Neco Industries

4

7

Monnet Ispat & Energy

7

6

Sarda Energy & Minerals

6

6

Niros Ispat

3

5

Topworth Steel & Power

4

4

Vandana Global

9

3

Shivalay Ispat & Power

3

3

Ghankun Steel

2

3

Vaswani Industries

2

3

API Ispat & Power

4

2

Singhal Interprises

3

2

Shri Nakoda Ispat

2

2

Shree Shyam Ispat india

1

2

Hi Tech Power Steel

1

2

Aarti Sponge & Power

1

2

Rashmi sponge Iron & Power

1

2

Bhagwati Power Steel

2

Drolia Electrosteel

2

Real Ispat & Power

3

1

Mahendra Sponge & Power

2

1

Gopal Sponge

1

1

G.R.Sponge & Power

1

1

Gagan Resources

1

1

PD Industry

1

1

Agrawal Sponge

1

1

Shilpy Steels

1

1

Trimula Sponge Iron

1

Crest Steel & Power

1

NR Ispat & Power

1

Devi Iron & Power

1

Godawari Power & Ispat

5

Sri Hare Krishna Sponge Iron

2

Lloyds Steel

2

Gopani Iron & Power

2

Grace Industries

1

Shri Hare Krishna Sponge Iron

1

Total

89

87

Source: SteelMint, Railways

About 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

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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