Author: Nidhi Awasthi
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India: GPIL reports increase in pellet output in Q1FY’27, shutdown may marginally impact yearly guidance
One 2 mnt pellet plant remains shut as higher iron ore and gas costs hurt operating economics Q1 pellet production rises 34% y-o-y, while iron ore output declines on mining constraints Godawari Power and Ispat Ltd (GPIL), a leading steelmaker in central India, is likely to revise its 4.0 million tonnes (mnt) FY27 pellet production…