Tag: Pellet Rake Movement
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Indian Pellet Movement Rises by 12% in June’15
Pellet movement through railways has increased by 12% in June’15 as compared to May’15, as sponge makers preferred pellets over lumps. In June’15, total 54 rakes were loaded, against 48 rakes in May’15 and 30 rakes in April’15 (each rake carries 3,850 MT). Jindal Steel & Power Ltd, having an annual pellet capacity of 9…