China scoops up cheap Indian iron ore in bid to trim steel costs

Mining News Pro - Indian iron ore exports have surged this year as steel mills, mainly in the biggest buyer China, switched to lower-grade, cheaper feed in the face of dwindling profits.

Indian Iron Ore Export Volumes More Than Double in Q1 FY20

Mining News Pro - Indian iron ore export volumes for Q1 FY20 (Apr-June`19) stood at 5.21 MnT, up significantly as against 2.15 MnT in previous quarter.

Indian Iron Ore Movement Stable M-o-M in July`18

Mining News Pro - As per SteelMint`s analysis, iron ore movement across major producing states of the country recorded at 11.41 MnT in July`18, stable on monthly basis as against 11.23 MnT in June`18. The figures are compiled on the basis of movements made via railways, trucks, Karnataka and import data as per customs. The figures exclude the captive iron ore movement of SAIL & Tata Steel and movement for exports.

Indian Iron ore Exports Hit Almost 3 Years Low in July

Mining News Pro - According to the Vessel line up data maintained by the SteelMint, Indian iron ore exports in Jul`18 witnessed at 0.17 MnT, down 50% M-o-M as against 0.34 MnT in Jun`18. The exports have dropped to lowest since Sept`15 which remained nil. On yearly basis, iron ore exports have come down by 71% as against 0.59 MnT in Jul’17.

Indian Iron Ore Imports Increase 68% in July

Mining News Pro - Indian iron ore imports in July`18 recorded at 1.55 MnT, according to the customs data maintained with SteelMint. On monthly basis, imports have increased by 68% as against 0.92 MnT in June`18. On yearly basis imports depicted rise of 40% as compared to July`17 imports at 1.11 MnT.

Indian Iron Ore Imports by Price, Origin and Importer - June Data

Mining News Pro - According to customs data maintained with SteelMint, Indian iron ore imports in June`18 witnessed at 0.92 MnT, lowest since Jan`18. It depicted a fall of 42% M-o-M as against 1.59 MnT in May`18.

Indian Iron Ore Export Drops 61% in Q1 FY`19

Mining News Pro - Indian iron ore exports have recorded sharp decline in Q1 FY19. The exports witnessed at 2.31 MnT, down 61% Q-o-Q as against Q4 FY`18 at 5.87 MnT. On yearly basis, the exports have depicted fall of 56% as against 5.21 MnT in Q1 FY`18.

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