03
Apr
14:00
India's Kiocl sees output soar, enters Japan, Korea
Kudremukh Iron Ore Company (KIOCL) reported iron ore pellet sales of 2.3 million tonnes in the fiscal year through March 2018 (FY18) versus an initial target of 1.93mt. Exports reached a post-captive-mine-closure annual record 1.45mt and the firm entered the Japanese and Korean markets.
State-owned KIOCL buys its entire iron ore requirement on the merchant market following the closure of its own mines in Kudremukh.
In January the firm signed a memorandum…
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Anonymous
Very good overview of the weekly steel market.
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