“Iron Ore Pellets buying has increased in the last one week on account of low supply of iron ore lumps in the market.
We are selling Iron Ore Pellets at Rs 7,500/MT (Basic price) currently”, said Mr Hendez Johns, Sales Manager at Xindia Steels Ltd.
“In September, we sold around 45,000 to 48,000 tons of Iron Ore Pellets. Our daily sales is around 2,800 tons and 58,000 to 60,000 tons monthly.
Our plant is running at full capacity due to rise in demand. For the current month, sales is anticipated to be good”, he added further.
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