In the wake of JSW chief Sajjan Jindal’s call to slash iron ore fines and pellets exports in favour of value-added exports, JSW-owned Monnet Ispat is stopping pellet export shipments, SteelMint has learned. As a result, JSW’s monthly steel exports is set to shrink to 400,000 t in August from 600,000 t in July. Monnet Ispat’s expanded pellet production capacity is 2.4 mn t per year.
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