27
May
08:59
New markets boost KIOCL exports
India's Kudremukh Iron Ore Company (KIOCL) reported annual-record iron ore pellet production and sales of 2.24 million tonnes and 2.21mt in the fiscal year through March.
Exports were at 1.52mt, the highest since the closure of the Kudremukh captive mine in 2005. The Indian firm entered new international markets such as Japan, South Korea, Vietnam, Malaysia, Chile and the UK.
KIOCL’s revenue was up 15% to INR 1,887.71 crore ($271.8 million), al…
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Anonymous
Very good overview of the weekly steel market.
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