Jul 30, 2014 India, July 30 It is opening up new iron ore mines and expanding the capacity of existing iron ore mines. National Mineral Development Corporation (NMDC Ltd.) has produced 30.2 million tones of iron ore during 2013 14, which is only about 20 per cent of the total iron ore production of 152.06 (P) million tones in the country during 2013 14.Chat Online
Jul 13, 2017 NEW DELHI India's largest iron ore miner NMDC today said it produced 8.52 million tonne ore in the April June quarter. The company produced 5.51 MT iron ore from its mines in Chhattisgarh and 3.01 MT from mines in Karnataka during the period, NMDC said in a filing to BSE. It further said that it sold 9.21 MT iron ore in the April June period. Production and sales figures of iron ore.
International iron ore prices too have gained 21 per cent , thus giving comfort that the domestic iron ore prices would either remain stable or move up. Currently, the landed cost of NMDC’s ore at the steel plants of its clients is 20 30 per cent cheaper than that of international ore. This offers headroom for NMDC to increase prices further.
Nov 17, 2020 State run mineral producer NMDC has hiked prices of lump ore by around Rs 400 per tonne and that of fines by around Rs 300 per tonne. This is a second price hike by the company in the month of November 2020 because of iron ore supply constraints. CNBC TV18’s Nigel D’Souza has details.Get latest Commodities online at cnbctv18.com.
We are India’s largest iron ore mining company. With an annual production capacity of 43 million tonnes of iron ore, and production of around 32.4 million tonnes of iron ore in FY2019, we enjoy a market share of about 24 domestically (excluding captive iron ore.
Jan 05, 2021 NMDC is Indias single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines, two located in Chhattisgarh and one in Karnataka. 12.12 AM Jan 6th. Post. We take the quality of the messages posted on.
NMDC Ltd, country's largest Iron Ore producer and a Navratna Company, continued the impressive performance run in the month of December 2020 also. This is the 5th month in 2020, when production.
Iron ore is the key raw material used in steel making. Any change in its prices has a direct impact on the rates of steel (Photo Mint) NMDC hikes iron ore prices by 200 per tonne 1 min read.
NMDC advanced 3.94percent to Rs 128.05 after the state owned miner hiked prices of iron ore with effect from Wednesday, 6 January 2021.
KOLKATA NMDC Limited has said it will roll over December 2014 prices to January 2015. The company's sales jumped 8 in the nine month period April Dec'14. The country's largest iron ore miner said it will maintain prices of lump ore at Rs 4,200 per tonne in January 2015, while price of iron ore fines remain unchanged at Rs 3,060 per tonne, in a notice to the BSE on Monday.
Nov 17, 2020 Mumbai State run iron ore producer NMDC Ltd has hiked prices of lump ore for the second time this month by Rs 400 per tonne and that of fines by around Rs 300 per tonne. “Kindly note that the prices of Iron Ore w.e.f. 17 11 2020 has been fixed as Lump Ore at Rs. 4,000 per ton and Fines at Rs. 3,610 per ton,” the company said in a BSE Filing.
Currently sized iron ore is selling at Rs.3050 per tonne, Iron Ore fines are selling at Rs.2660 per tonne. These prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes. It may be noted that, NMDC had increased the prices from the period May 24.
Sep 01, 2020 National Mineral Development Corporation (NMDC) is India’s largest iron ore producing company and the fifth largest in the world. While its iron ore production was 32.36 million tonnes during 2018 19, this figure fell slightly to 31.49 million tonnes during 2019 20. Iron ore mining (Credit Bishnu Sarangi Pixabay).
Jan 04, 2021 NMDC share gained over 5 in early trade today after the firm reported a 23.3 rise in December iron ore production. The share touched an intraday.
Nov 04, 2020 Mumbai State owned iron ore producer, NMDC Ltd has reported a 2 year on year fall in October production at 2.43 million tonnes on the back of Covid related challenges and a heavy monsoon, the company said in a statement. However, on a month on month basis, the company’s October production has gone up by 33 compared to its September production of 1.83 mt.
Dec 15, 2020 NMDC on Tuesday increased the price (per tonne) of iron ore lumps by ₹700 and fines by ₹500, the second upward revision this month and the.
NMDC, the country’s largest commercial iron ore producer and others are set to benefit from a surge in global seaborne iron ore prices. The rally in iron ore prices stems primarily from the supply crunch in Brazil, which is still coping with the spike in Covid 19 cases and will calm the frayed nerves of iron ore miners in India at a time when domestic demand has gone downhill.
Jul 17, 2019 NMDC in November last year suspended the iron ore mining from Donimalai in Ballari district after the state government by its November 2, 2018 order imposed premium equivalent to 80 of the average sale price of iron ore while extending the mining lease for a period of 20 years.
Hyderabad NMDC has reduced the prices of iron ore by Rs.400 and also reduced the price of DRCLO by Rs.470 per tonne. Earlier also in April this year, NMDC reduced the price of iron ore by Rs.500 per tonne and DRCLO by Rs.580 per tonne. In this way, within a span of one month, NMDC has reduced the iron ore by Rs.900 per tonne and DRCLO by Rs.1,050 per tonne.
May 13, 2020 In April as well, the NMDC had reduced the price of iron ore by Rs 500 per tonne and DRCLO by Rs 580 per tonne. In this way, within a span of one month, the miner has reduced the iron ore.
May 13, 2020 NMDC cuts iron ore price twice in just over a month New Delhi, May 13 (IANS) In a relief to steel producers, the country''s largest public sector mining company, NMDC.
New Delhi In a relief to steel producers, the country’s largest public sector mining company, NMDC has reduced the prices of iron ore by Rs 400 per tonne.It has also reduced the price of directly reduced calibrated lump ore (DRCLO) by Rs 470 per tonne. The price changes have been made effective from May 9, the company said in a statement.
Internationally, iron ore price tumbled to five and a half year low last week at just over $63 a tonne as a result of subdued demand from China. Cashing in on the subdued price, domestic steel makers have already started importing iron ore in large quantities. Buyers have been putting pressure on NMDC in recent times to reduce its prices.
Crushers used in iron ore mining in nmdc kirandul 1 C M Mining Machine has been delivering solutions for demanding aggregate applications worldwide for over 35+ years. Our comprehensive portfolio covers crushers, screens, feeders, trackmounted and wheelmounted units, stationary plants and related automation solutions, backed up with our unique.
State owned mineral producer, NMDC has revised its iron ore prices with effect from Wednesday. Now iron lump ore price at NMDC stand at Rs3,600 per ton. While iron fines price at NMDC is at Rs3.
Apr 07, 2008 Leading Indian state run miner NMDC Ltd is likely to fix prices for iron ore it supplies to all steelmakers only after talks with key Japanese clients, due to begin in May, are over, its chairman.
Hyderabad, May 13 (Maxim News) National Mineral Development Corporation (NMDC) reduced prices of iron ore by Rs.400 on May 9 and also reduced the price of DRCLO by Rs.470 per tonne. Earlier also on April 4, NMDC has reduced the price of iron ore by Rs.500 per tonne and DRCLO by Rs.580 per tonne. In this way, within a span of one month, NMDC has reduced the iron ore by Rs.900 per tonne.
NMDC, which had entered into a deal to acquire 50 per cent stake in Australias Legacy Iron Ore last month, is likely to decide on acquiring four properties overseas by the end of this month.
NMDC, the country’s largest iron ore miner, has hiked the rates of the mineral by Rs 300 to Rs 2,950 a tonne with immediate effect. Iron ore is the key raw material used in steel making and, therefore, any revision in its prices has a direct impact on the prices of steel.
NMDC Limited rallied to finish 3.93 higher after hiking prices of iron ore from Wednesday onwards.The state owned company increased the prices of lump ore (65.5 , 6 40mm) by 12.5 to Rs4,500 per ton.
Mar 16, 2020 New Delhi, Mar 16 The country's largest iron ore miner NMDC has slashed prices of lump ore and fines by Rs 50 per tonne. NMDC has reduced the price of lumps or high grade iron ore.