Tag: KIOCL iron ore purchases

State-owned, KIOCL has intended to purchase around 150,000 MT Fe 63.5% iron ore fines (hematite) from the domestic market. The iron ore procured will be used to manufacturer pellets at Mangalore-based pellet plant. The respective supplier has to procure an equivalent quantity of pellet manufactured by the above-mentioned iron ore fines. Since KIOCL is a 100%…