03
Apr
09:15
Exports lift KIOCL's annual pellet shipments
KIOCL increased shipments of iron ore pellet by 7% on-year on the fiscal year through March 2020 to 2.36 million tonnes. Sales were boosted by exports, the Indian state-owned merchant pellet producer says.
Production grew 6% to 2.38mt. KIOCL chairman Subba Rao says the performance is impressive given the firm’s lack of captive iron ore supply. The company incurs large logistics costs by transporting iron ore from mines in eastern Indian to its pellet pl…
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Anonymous
Very good overview of the weekly steel market.
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