Tag: KIOCL
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India: Low buying Interest for Pellets Stock at Paradip Port
Steel/Sponge iron plants in the northwest region source Iron Pellets from KIOCL and Jindal Saw in large quantities. They have not shown some buying interest from east coast because of high landed cost. Presently, KIOCL (Mangalore) is the only source and costs (landed) INR 9,100/MT (USD 154/MT) to Gujarat buyers. Jindal Saw (Bilwara, Rajasthan) Pellet bookings…