5 days ago· With getting iron ore from the mines belonging to Orissa Minerals Development Company remaining a distant dream Rashtriya Ispat Nigam Limited RINL has moved forward to allot a site for establishing a pellet plant adjacent to Visakhapatnam Steel Plant VSP to meet part of its raw material
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12 days ago· In the eastern province of Odisha the largest iron ore producer in the country iron ore pellet export prices currently averaged around $91/t free on board and traders said that low alumina content pellets commanded a premium of 3% to 5%
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The mines closure cut off iron ore supplies to Jindal Steel and Power which sources all the iron ore the mines produce
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Prices of domestic pellet in Odisha the country s largest iron ore producing state increased by around 14 % from a month earlier to 6 200 rupees/t USD 91/t on 18 June domestic brokerage Motilal Oswal Securities said The monsoon season runs from June September but peaks in July and August so domestic pellet prices may rise further
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India s Jindal Steel amp Power Limited plans to double its iron ore pelletizing capacity in the eastern state of Orissa to 9 million mt/year by the end of this year a senior company official said Wednesday JSPL which now operates a million mt/year pellet plant at Barbil is installing
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