India: Odisha Iron Ore Dispatches Up 7% in Sep'19
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Odisha- India's largest iron ore producing state recorded total iron ore dispatches at 6.97 MnT in Sep'19, as against 6.50 MnT in Aug'19. The figures exclude movement for export and dispatches of miners- SAIL & Tata Steel.
Rungta Mines, India's largest private merchant miner, dispatched the iron ore at 2 MnT in Sep'19, up 23% as against 1.63 MnT a month ago.
Serajuddin mine recorded iron ore dispatches at 0.93 MnT in Sep'19, down 9% as against 1.02 MnT in Aug'19. Serajuddin has decreased iron ore lump offers for 5-18 mm (Fe 63%) by INR 300/MT to INR 3,400/MT (ex-mines, including Royalty, DMF, & NMET) as against last offers at INR 3,700/MT (ex-mines, GST extra).
Serajuddin mine produces around 10 MnT iron ore annually and has an EC limit of 15.15 MnT p.a.
OMC, state-owned miner recorded 26% fall in dispatches to 0.60 MnT as against 0.81 MnT in Aug'19.
KJS Ahluwalia, Kaypee Enterprises and Essel Mining recorded rise in monthly dispatches at 0.53 MnT, 0.46 MnT, and 0.43 MnT respectively.
Odisha Iron ore Dispatches in Sep'19 & Aug'19
| Seller | September'19 | August'19 |
| Rungta Mines | 2.00 | 1.63 |
| Serajuddin | 0.93 | 1.02 |
| OMC | 0.60 | 0.81 |
| KJS Ahluwalia | 0.53 | 0.45 |
| Kaypee Enterprises | 0.46 | 0.43 |
| Essel Mining | 0.43 | 0.33 |
| RP Sao | 0.41 | 0.50 |
| A.M.T.C | 0.32 | 0.25 |
| KN Ram | 0.29 | 0.29 |
| Indrani Patnaik | 0.27 | 0.24 |
| SN Mohanty | 0.12 | 0.10 |
| Pattanaik Minerals | 0.10 | 0.06 |
| Others | 0.51 | 0.40 |
| Grand Total | 6.97 | 6.50 |
Quantity in MnT
Excluding movement for export & movement of SAIL and Tata Steel
Provisional Data
Source: Govt. of Odisha
According to trade sources report to the SteelMint, few Odisha based major merchant iron ore miners towards early Oct'19 heard to have decreased offers on bulk quantity purchase of fines against the last offer.
