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Jul 03, 2021 Against a combined requirement of all iron ore end-user units of about 81.4 million tonne, Odisha has a combined production capacity of about 105 million tonne. Sources said, about 56 million ton of iron ore was dispatched to outside states from Odisha last year, which is more than half of the total production of iron ore in the state.
Jun 27, 2021 Jun 27, 2021 Iron ore production in Odisha has dropped from 142 million tonnes in 2019-20 to 111 million tonnes in 2020-21. Local industries have to pay around Rs 10,000 per tonne of iron ore in comparison to Rs 2,200 per MT in June last year. Many of the units had become unviable or on the verge of closure.
Jan 04, 2021 Jan 04, 2021 The exchange of hands, logistical constraints, and the pandemic have curtailed iron ore production in the state. With just 11 auctioned iron ore mining leases being able to resume production, out of 19 mines till Nov20, Odisha iron ore fines prices have shot up by over three-fold in the last six months.
Jun 27, 2021 Jajpur Odisha, Jun 27 PTI Steel industries in Odisha have urged the state government to bail them out from the high price of raw materials including iron ore. Iron ore production in Odisha has dropped by over 31 million tonnes from 142 million tonnes in 2019-20 to 111 million tonnes in the 2020-21 financial year, according to official data.
Dec 10, 2020 Iron ore production in Odisha, the Indian iron ore producing state, fell to 98.2 million mt during January-November, down from 123.8 million mt during the corresponding period of the previous year, declining by 21 percent, according to a statement from Indias ministry of
Jun 22, 2021 Iron Ore Odisha. The Hindu. Steel. ... According to available data, iron ore production in the state was 142 million tonnes in the financial year 2019-20. In 2020-21, it reduced by 31 million ...
Mar 08, 2021 Mar 08, 2021 Primarily, it is low production that has qualitatively affected downward the offered grade of iron ore, particularly in Odisha. Secondly, the export prices are very high for low grade fines. Therefore, the merchant miners are now more inclined towards digging out lower grade of fines and exporting the same.
Equipped with fully mechanised techniques, JSPLs Tensa iron ore mill currently produces about 3.11 MTPA of iron ore. This partially fulfils the companys requirement of iron ore for producing sponge iron. Today, JSPL is working towards its goal of becoming self-reliant in its production.
Feb 25, 2021 Indias leading state that produces iron ore is Odisha. It accounts for more than 55 of the total production followed by Chhattisgarh producing almost
Aug 29, 2020 Odisha produces nearly 25 of the countrys total steel. Decreased iron ore production, lucrative exports to other states of India and to other countries are the two primary reasons for the ...
Jun 22, 2021 While the price of iron ore was Rs2,200 a ton in June 2020, it increased to Rs12,000 in June 2021. The steel plants that have no mines of their own generally depend on the Odisha Mining Corporation OMC for iron ores. Out of the total production of 111MT iron ores in 2020-21, OMC had produced only 13MT.
Feb 18, 2021 Feb 18, 2021 Production from these 2 iron ore mines will immediately address the shortage of raw material in the downstream industries, thus promoting economic activities in the state of Odisha, informed Joshi. He said these mines will generate approximately Rs 5000 crores of annual revenue for Odisha and vast employment opportunities for locals.
Steel production in Odisha in FY21 went up by 4.38 but the country is still short of its target. India will need to double its iron ore mining capacity by 2030 to meet the demand as per the ...
Jan 25, 2021 Iron ore production dips in Odisha, three bidders surrender blocks Of the 46 operating mines, whose leases expired on March 31, 2020, 24 mines are in Odisha. Share Via Email
Jun 29, 2021 Jun 29, 2021 Iron ore production in Odisha dropped by 21 YoY to 111 million tonne during 2020-21. Odisha based steel makers complained of a shortage of ore in the market and of a sharp spike in price.
Jun 27, 2021 Jun 27, 2021 Steel industries in Odisha have urged the state government to bail them out from the high price of raw materials including iron ore. Iron ore production in Odisha has dropped by over 31 million tonnes from 142 million tonnes in 2019-20 to 111 million tonnes in the 2020-21 financial year, according to official data.
Jun 03, 2021 Notably, iron ore production in Odisha has dipped by 26 per cent in 2020-21 at 107 MTPA against 145 MTPA in the preceding year. This has been the effect of the permanent closure of several mines in March 2020.