NMDC upbeat on topping previous year’s output despite Covid

Feb 02, 2021 · Iron ore sales for January 2021 was at 3.74 MT against 2.96 MT in January 2020, a growth of 26.4%. Iron ore production up to January in FY21 is 25.66 MT is at par with the same period last year.

PDF Overview of the Steel and Iron Ore Market - Deloitte

Overview of the Steel and ron Ore arket Overview of the lobal steel and iron ore market Production output trends EIU experts revised downwards the estimates of the 2017 global steel output from 5.5 percent to 3.8 percent in accordance with the full-year statistical data released by the World Steel Association

Domestic iron ore supplies may take time to ease | Business

With primary steel producers still not ready with their ore for the open market, domestic iron ore supply may take a while to ease. “We were allotted two mines (Sagasahi and Thakurani) in the Odisha auction, of which Sagasahi, being a mine, will take a while to produce. We can expect it to

US iron ore production down 21.1 percent in 2020

The United States was estimated to have produced 1.5 percent and consumed 1.1 percent of the world’s iron ore output. The USGS report said significant decreases in production, shipments, and trade in 2020 were due to the ongoing effects of the COVID-19 pandemic, which lowered steel production and consumption globally.

Iron ore output to rise 5% in FY19 on stable demand from

Read more about Iron ore output to rise 5% in FY19 on stable demand from infra, auto on Business Standard. About 90% of iron ore mined in FY18 was for domestic use; rest was shipped to China, Japan, South Korea, Oman, Vietnam, Indonesia and Malaysia

Iron Ore Is This Year’s Hottest Commodity on China-Fueled

2020/12/10 · A surge in demand in China, the world’s key growth engine, risks a shortage of iron ore that’s pushed prices past $150 a ton and crowned it …

Iron Ore Rockets To $160 A Ton And China Cries Foul

Dec 15, 2020Australia's challenge with iron ore is to focus on other, smaller, customers in case China imposes restrictions on imports, an unlikely event today given the shortage of supply but a possibility

Steel cos blame high cost of iron ore for price hike - The

2020/12/29 · NMDC raises iron ore lump prices to 4,610 a tonne from 1,960 a tonne in last 6 months; every 1,000 rise in ore prices pushes up steel output cost by about 2,000 a tonne

Indonesia 2019 nickel ore output surges, 2020 output to slow

2020/01/22 · JAKARTA - Indonesia's 2019 nickel ore output stood at 52.8 million tonnes, Director of Minerals Yunus Saefulhak at the Ministry of Energy and Mineral Resources said on Thursday, more than double

Rio aims for iron ore export record in 2021

2021/01/18 · Export targets from Australian iron ore miners are always subject to weather, given the bulk of the nation's output comes from the cyclone-prone Pilbara region of WA. But Rio put a couple of extra

New Mining Law Indonesia: Full Mineral Ore Export Ban

2016/03/01 · By September 2016 the Indonesian government plans to have revised regulations regarding exports of mineral ore, part of Law No. 4/2009 on Mineral and Coal Mining (New Mining Law). Per January 2014 mineral ore

Today's mining news updates from around the world | Global

2021/02/04 · Australian iron ore quality to support nation Friday 05 February 2021 14:50 A new report launched by the Minerals Council of Australia forecasts that Australia’s world-class iron ore will support growth, create jobs and sustain regional communities for many decades ahead of trading in a globally competitive market environment.

Brazil's Vale reaffirms iron ore output forecast after

Brazilian miner Vale has reaffirmed its iron ore output guidance after a court reinstated an order to suspend activities at the company's Itabira mining complex in Minas Gerais state, according to

NMDC restarts operations at Donimalai Iron Ore mine - The

Feb 19, 2021 · The Donimalai mine is set to boost ore output of the company by about 7 million tonnes in full year of operation at about permitted 0.5-0.6 MT per month. It’s full impact will be felt in the

Mike Henry sharpens BHP’s iron will

2020/01/21 · BHP’s Pilbara iron ore mines produced 137 million tonnes of iron ore in the six months to the end of December, lifting production on the same time the previous year — a …

Iron Ore PRICE Today | Iron Ore Spot Price Chart | Live Price

Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes.

Daily Iron Ore price, Lme Comex Shfe Price of Iron Ore live

2021/02/02 · As of February 5, iron ore inventories across 35 ports tracked by SMM totalled 117.89 million mt, a decrease of 970,000 mt from the previous week, but up 4.65 million mt year-on-year. Daily average deliveries from the 35

Pond Inlet calls for slow increase to iron ore output at Mary

Instead of seeing output at the mine immediately double from six million to 12 million tonnes of iron ore shipped out annually, the hamlet is asking Baffinland Iron Mines Corporation to only

Mining hotspots for 2021 in Latin America, Africa – report

2021/02/02 · During 2020, the mining sector was dented by economic turmoil hindering prices (only copper and iron ore averaged higher in 2020) and government regulations restricting output.

Indonesia ore ban to hit China nickel pig iron, stainless

Xu also forecasts China's NPI output will drop to around 500,000 tonnes next year, believing it will be hard for new projects to launch for a lack of ore, and puts Indonesia's 2020 output at a

Iron ore price jumps as Vale reports low output - Canadian

Iron ore futures jumped on Thursday, after Vale reported fourth-quarter output of 84.5 million tonnes, a 5% decline over the third quarter (when it generated 88.6 million tonnes). According to Fastmarkets MB, benchmark 62% iron fines imported into northern China (CFR Qingdao) were changing hands for US$158.03 a tonne, up 3.5% from yesterday’s

Iron ore jumps over 5% as Brazil's Vale reports subdued 2020

Feb 04, 2021 · Vale VALE3.SA reported a 0.5% decline in 2020 iron ore output to 300.4 million tonnes, at the bottom of its guidance of 300-305 million tonnes, though it flagged a potential rebound in both output

Iron Ore Exports by Country 2019 - World's Top Exports

Iron ore smelter International sales of iron ore exported by country totaled US$122.5 billion in 2019, increasing by 74.2% since 2015 when iron ore shipments were valued at $70.3 billion and expanding 30.3% from 2018 to 2019. From a continental perspective, Oceania (mostly Australia) sold the greatest amount of exported iron ore at 53.8% of the global total.

List of countries by iron ore production - Wikipedia

World iron ore production (thousands of tonnes) in 2013/2015: 500,000+ 100,000–500,000 10,000–99,999 1,000–9,999 0–999 This is a list of countries by iron ore production based on U.S. Geological Survey data. List Rank 1

BHP raises full-year iron ore output forecast By Reuters

BHP raises full-year iron ore output forecast. BHP raises full-year iron ore output forecast. Breaking News . Quotes. All Instrument Types. Popular News. More.

NMDC upbeat on topping previous year’s output despite

2021/02/02 · NMDC iron ore production for January 2021 stood at 3.86 MT (million tonnes) against 3.31 MT in January 2020, registering a growth of 16.7%. NMDC expects to exceed the previous year’s production

Indonesia stays China's second-biggest nickel ore supplier

2021/01/20 · Indonesia remained China’s second-biggest nickel ore supplier in 2020, Chinese customs data showed on Wednesday, despite the Southeast Asian country’s ban on exports of the material. Arrivals of

Global gold output to rise 5.5% in 2021 – report

2021/02/01 · Indonesia, Peru and the US will be the key contributors to this growth, GlobalData says. Combined production in these countries is expected to recover from an estimated 20.1moz in 2021 to 25.3moz

Chinese Junk Could Sink The Profits Of Big Iron Ore Miners

Dec 2, 2020But, layered on top of the scrap stockpile is China's declining overall steel output which the bank reckons will fall by 14% by 2030, eliminating demand for 200m/t of iron ore.

Why iron ore has been out of bounds in China's trade war

Wine, cheese, meat and barley have all been caught up in trade tensions between Beijing and Canberra, but China still accounts for 80 per cent of Australia's iron ore exports. For how much longer