14
Nov
10:54
Middle East penetration helps boost KIOCL's six-month sales
India's Kudremukh Iron Ore Company (KIOCL) reported a 13% on-year increase in iron ore pellet sales in the six months through September to 1.11 million tonnes. Pellet output rose 21% to 1.12mt. The firm added the Middle East as a new pellet export market, which helped increase sales.
Six-month revenue rose 15.7% on-year to INR 1,012.71 crore ($140.8 million). However, profit after tax fell -55% to INR 20.71 crores due partly to the drop in global s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous