Author: Seema Goenka

KIOCL, a state controlled Iron Pellet maker located in Mangalore (Karnataka), has raised offers for the 2nd time in Q3 FY14. It is charging INR 8,200 (ex-works) for one tonne of Pellet, up by INR 200/MT M-o-M.  On one hand, availability of raw material is low and on the other, miners such as NMDC, Rungta…