MMTC exported 31,000 MT Pig iron from Paradip Port on 21 Jan, 2014, vessel named Jupiter Ace.
MMTC had finalized the export deal at USD 397.33/MT FoB with MMTC Transnational Pte Ltd (MTPL), a Singapore based trader and subsidiary of MMTC. The deal was concluded in this month.
On 11 Dec, 2013, MMTC had floated 30,000 MT Pig iron tender. Initially, MTPL had submitted a low bid at USD 389.61/MT FoB on 23 Dec, 2013 and was the second highest bidder.
After awarding the first lot to a Switzerland based trader, MMTC later offered an additional lot to MTPL at a higher price. The former exports Pig iron on behalf of NINL, a state owned and largest Indian Pig iron exporter.

Shipment of Pig Iron from India in Jan, 2014
31,500 MT of Pig iron was shipped by MMTC on 08 Jan, 2014; vessel name CMB Boris.
The Goa based Pig iron exporter shipped 31,000 MT Pig iron from Mormugoa Port on 03 Jan, 2014; vessel name New legend sea pearl.

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