Iron Ore  

Pellet Production Up 49 %

Major Iranian iron ore companies produced 26.7 million tonnes of pellets during the last Iranian year (ended March 20,2019), up 49 percent year-on-year.

Gol_e_gohar Mining and Industrial Complex accounted for 11,760,000 tonnes of the total output, followed by Middle East Mines and Mining Industries Development Holding Company with 4,940,216 tonnes, Opal Parsian Sangan with 3,650,646 tonnes, Chadormalu Mining and Industrial Complex with 3,557,079 tonnes and Sangan Steel Mining Industries Company with 2,866,000 tonnes.

Iran’s five major iron ore companies had a total production of 1,856,715 tonnes of pellets in the last month of the previous year known as Esfand (ended March20, 2019, registering a 24 percent rise YOY.

News No: 4483
Date: 2019/05/09 - 22:10
News Source: IMIDRO

Pellet  Gol_e_gohar  Opal Parsian Sangan  Chadormalu  Sangan Steel Mining Industries 


Leave a Comment:


India: Raipur Pellet Prices Hit 3-Month High

Pellet offers for this week increased sharply in the recently concluded deals. SteelMint’s assessment stands at INR 6,900-7,000/MT (ex-Raipur, GST extra) against last week’s assessment of INR 6,600/MT. Current prices are hovering at 3-month high.

Brazil: Vale Warns of Another Dam Burst; Iron Ore Prices Cross USD 100

Spot iron ore fines Fe 62% index has picked up to USD 100.4/MT, CNF China as against USD 98/MT, CNF China yesterday. The increase is due to Vale forecast of dam rupture in next week. The prices have hit 5 years high as the prices were last seen in May'14.

India's KIOCL Concludes 50,000 MT Pellet Export Deal - Sources

Southern India based pellet maker - KIOCL has concluded pellet export deal recently via tender floated. The company had floated export tender offering 50,000 MT pellet consisting of Fe 64% content with less than 2% Al for which the bid due date was 14 May’19.

India: Jindal SAW Hike Pellet Offers Amid Global Price Hike

West India (Rajasthan) based pellet maker - Jindal SAW has increased pellet prices by INR 150/MT. Current offers for Fe 63% grade pellets have moved up to INR 8,450/MT (delivered Kandla) against the previous offer of INR 8,300/MT at last week. Jindal SAW runs a 1.5 MnT pellet plant in Bhilwara (Rajasthan).

India: BRPL Concludes Pellet Export Deal to Turkey

Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to Turkey, SteelMint learned from market sources.

Chinese Steel Market Highlights - Week 19, 2019

This week Chinese steel market started with optimistic market sentiments along with higher steel prices post May day holidays. However towards the end of weekend prices started tumbling as the USA govt announced increase to 25% from 10% on $200 billion worth of Chinese imports.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners