Special Report: JSW Steel loads 1,164 Iron Ore Rakes in Jan-Mar’14

SteelMint Introduces Special Report on
“Iron Ore Railway Movement”

Snap Shot:

JSW Steel loaded 1,164 rakes of Iron ore in Q4 FY14. Every rake has capacity of 3,950 MT but on an average 3,850 MT is being loaded. According to special report on Iron ore movement by SteelMint, it was noted that 579 rakes were loaded from Karnataka, 272 rakes were loaded from Chhattisgarh and 313 rakes were loaded from Odisha/Jharkhand for its Vijaynagar, Dolvi & Salem unit.

Rakes which have been loaded from Chattisgarh are of NMDC (Kirandul and Bacheli), rakes loaded from Odisha are of private mines like Rungta Mines, Essel, KN Ram, Serajuddin and Indrani Patnaik. Rakes loaded from Karnataka are Iron Ore E-auctioned by MSTC.

JSW Steel is India’s leading steel producer company with production capacity of 14.3 MnT pa. It has been struggling hard to source Iron Ore owing to ban in Karnataka. Recently company has paced up sourcing of Iron Ore from Odisha and Jharkhand due to lower prices and high grade.

JSW Steel recently reported that production of crude steel stood at 12.17 MnT for FY14.

 Quarterly Iron Ore Movement by JSW Steel (Jan-Mar, 2014)

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

To subscribe to our special report please go through http://www.steelmint.com/Ironore_Railway_Movement.php

For subscription you may contact Manish Agrawal (manish.agrawal@steelmint.com) or call us at +91-9575100530

Note: This is a special report; not a part of regular subscription.