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17 Oct
12:03

Higher-grade requirement, Chinese demand seen boosting Indian pellet-makers

Indian iron ore pellet producers should increase capacity utilisation thanks to healthy demand from the domestic and Chinese steel industries, as well as the favourable pellet-iron ore fines price spread. This is according to credit rating agency ICRA. “Given the significant share of low-grade iron ore fines in India’s total iron ore production, there is a growing need to beneficiate inferior grade ore and feed its output to pelletisation plants, to …
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