 "Odisha supplies reach cap of 57 mt")
Iron-ore supplies from mines surged to 57 million tonnes (mt) from April 2013 to January 2014 in Odisha, the cap prescribed by the state for key mining circles Joda and Koira for the current financial year. These were higher than the 46 mt a year ago, officials in the state’s steel and mines department said.
The limit, however, excludes supplies for captive consumption.
“Though supplies could include ore excavated a year ago, the figures indicate production from this year only, including output by steel companies,” said an. There are 31 iron ore, 12 manganese and 20 iron ore-manganese mines operating in the state on 120 leases. Many are non-working pending statutory clearances from the Centre.
The output surpasses the cap every year. Last year, the production was 62 mt, above the limit of 52 mt. In the current financial year, anticipating the output could breach the limit, the government recently decided to exclude captive consumption.
In the production, Tata Steel and Steel Authority of India have a share of 17 mt for own consumption. The figure for a mine of Jindal Steel and Power and was not available.
Total production by stand-alone miners was 40 mt in April-January and 20 mt was made available for out-of-Odisha traders. The government reserved the rest for local use. The limited supply from Odisha has been supporting sponge iron rates in the country, traders said.
During April and January, utilisation (pelletisation, usage in sponge iron, crushing and trading) in the state was 76 mt, which included usage of previous-year and captive mining stocks, by the data with the government web. In the same period, permission was issued for the export of 8 million tonnes, it showed.
The limit, however, excludes supplies for captive consumption.
“Though supplies could include ore excavated a year ago, the figures indicate production from this year only, including output by steel companies,” said an. There are 31 iron ore, 12 manganese and 20 iron ore-manganese mines operating in the state on 120 leases. Many are non-working pending statutory clearances from the Centre.
The output surpasses the cap every year. Last year, the production was 62 mt, above the limit of 52 mt. In the current financial year, anticipating the output could breach the limit, the government recently decided to exclude captive consumption.
In the production, Tata Steel and Steel Authority of India have a share of 17 mt for own consumption. The figure for a mine of Jindal Steel and Power and was not available.
Total production by stand-alone miners was 40 mt in April-January and 20 mt was made available for out-of-Odisha traders. The government reserved the rest for local use. The limited supply from Odisha has been supporting sponge iron rates in the country, traders said.
During April and January, utilisation (pelletisation, usage in sponge iron, crushing and trading) in the state was 76 mt, which included usage of previous-year and captive mining stocks, by the data with the government web. In the same period, permission was issued for the export of 8 million tonnes, it showed.