India’s iron ore production is expected to touch 218-220 mt in 2018-19. Odisha is expected to contribute 110-120 mt in this prospective kitty, while Karnataka is likely to contribute 34-35 mt tons of ore production. The balance is expected to come from Chhattisgarh, Jharkhand and the captive miners
India’s iron ore production is rising, but domestic demand is dull. Exports are sliding but imports are on an uptrend, proving that domestic mills are showing an appetite for the overseas, high-grade material. So, what is the prescription that can remedy the ills plaguing India’s iron ore industry? Beneficiation, surely? But there are challenges galore when it comes to mineral beneficiation technologies. The biggest one is in terms of finding innovative, efficient and cost-effective processes.
India’s iron ore production in 2017-18 crossed 200 million tons (mt) after a gap of 7 years. The output reached 210 mt, which is 9.37 percent higher than the 192 mt recorded for 2016-17, and was mainly propelled by increased production in the 2 states of Odisha and Karnataka. In fact, Odisha contributed over 100 mt, while Karnataka contributed around 32 mt. Odisha, which accounts for 50 percent contribution to the national output in volume terms, produced 105 mt of the mineral and despatched 125 mt in 2017-18 (against 102 mt and 120 mt respectively, in the previous fiscal of 2016-17).
The higher output in Karnataka has been attributed to the Supreme Court’s relaxations of the cap on iron ore excavations for category A and B mines. The court had shifted the cap from 30 mt to 35 mt in its order in December last year.
Where Goa is concerned, though the court had cancelled renewed leases of 88 mines in this western India state, halting iron ore extraction activities here from March 15, the action did not have much impact on the overall ore output in the last financial year, it seems.
ãã®èšäºã¯ Steel Insights ã® June 2018 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Steel Insights ã® June 2018 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Steel's Net Zero mission
The countryâs commitment to achieving Net Zero within a targeted timeframe will now propel its steel sector towards a sustainable future in line with global trends.
Fuel Price Hike, Supply Chain Disruption Hurt Festive Sales
Supply chain disruptions and fuel price hikes have hurt festive sales in a big way as most auto majors posted decline in sales in October.
Seaborne coking coal offers remain range-bound
Seaborne coking coal offers moved in a narrow range in October amid global supply tightness and healthy spot demand.
Global crude steel output down 8% in September
China manufactured 74 mt in September, fall of 21% y-o-y while Indiaâs production went up by 7% to 10 mt.
MOIL embarks on expansion projects
âEven though our country is blessed with manganese ore reserves, we import 50% of the domestic requirement. We have to lower our import dependence and save precious foreign exchange.â Ram Chandra Prasad Singh, Steel Minister
Iron ore handled by major ports down 17% in H1
The 12 major Indian ports handled 27 mt of iron-ore during H1 of 2021, down by 17% from 33 mt recorded for the corresponding period of previous year.
Shrinking China output to boost India exports
âIn the third quarter of 2021, the company actively responded to the pressure from external policies, such as production curtailment and dual control system on energy consumption and intensity, as well as coal resource shortage and surging prices.â Baoshan Iron and Steel Co Ltd
Indian Railways' iron-ore handling up 25% in H1
Indian Railways in April-September of 2021 (H1) transported 84 mt of iron ore, up by 25% over 67 mt during April-September 2020.
September crude steel production up 7.2% y-o-y
Indiaâs crude steel production in September 2021 grew 7.2 percent to 9.547 million tons (mt) over September 2020 but was down by 3.2 percent from August 2021 output, provisional steel ministry data showed.
âFive enablers: way forward to sustainable cleaner steelâ
Right and scalable technology, appropriate policy guidance by government, access to finance to fund transition, willingness of customers to pay for cleaner products and infrastructure for use of new technologies are the need of the hour for the sustainable and cleaner steel industry, according to Madhulika Sharma, Chief Corporate Sustainability, Tata Steel.