India: Sarda pellet output in Q2 increases 79% q-o-q

Sarda Energy and Minerals Ltd recorded 144,000 t iron ore pellet output in the first quarter FY ’21 (Apr-Jun ’20), an increase of 79% q-o-q as against 80,000 t in Q4 FY ’20. The same on y-o-y basis dropped by 28% against 199,000 t during Q1 FY ’20 due to suspension of operations amid lockdown, SteelMint learnt from company’s release.