Tag: Pellet Rake Movement
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Indian Pellet Rake Movement Up 20% in July’15
Pellet movement through railways has increased by 20% in July’15 as compared to June’15, as sponge makers prefered pellets over lumps. In July’15, total 242,550 MT pellets were transported through 63 rakes. There is consistent increase in pellet movement starting FY16. Since, the period between Apr-July is a monsoon period and iron lump may contain…