27
Jun
14:39
KIOCL eyes further European pellet expansion
India's Kudremukh Iron Ore Company (KIOCL) has signed a memorandum of understanding with Glencore and Steel Mont to supply iron ore pellet in the European market, the Indian pellet maker says. It did not give details of tonnages, prices or delivery period.
KIOCL reported annual-record iron ore pellet production and sales of 2.24 million tonnes and 2.21mt in the fiscal year through March 2019 (see Kallanish passim). Exports were at 1.52mt, the highest si…
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