India: Sarda Energy reports best ever pellet production in FY22

  • Sarda Energy and Minerals Limited (SEML), one of the leading integrated steel producers, recorded the highest ever annual pellet production at 0.74 mnt in FY22, higher by 19% y-o-y from 0.62 mnt in FY21.
  • The company’s iron ore pellet capacity expanded by 0.2 mnt to 0.8 mnt, effective March 2021.
  • The sales also increased by 14% in FY22 to reach 0.49 mnt as against 0.43 mnt in the same period last year.

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