Rungta Mines Ltd. (RML) has started production from its 3 mn t per annum pellet plant at village Chaliyama, Jharkhand, sources confirmed SteelMint. The company is offering pellets (Fe 64-64.5%) at around INR 10,000-10,500/t in the merchant market. As per the record maintained with SteelMint, India’s pellet capacity is nearly 110 mn t per annum and total production in 2020 was more than 65 mn t.
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