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12 Feb
13:27

KIOCL awaits new plants clearance, exceed sales target

KIOCL is awaiting clearance from environmental authorities for its proposed coke plant and ductile iron (DI) pipe mill after receiving approval from the government. The firm’s iron ore pellet shipments exceeded the target in the third fiscal quarter through December 2019, but production fell short. Pellet output and deliveries reached 590,000 tonnes and 648,000t respectively versus targets of 620,000t and 600,000t. The iron ore market was subdued in the quar…
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