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KIOCL again temporarily suspends operation at Pellet Plant in Mangalore

24 Aug 2022 Evaluate

KIOCL has once again temporarily suspended operation at Pellet Plant at Mangalore with effective from August 23, 2022 due to shed full condition, resulting out of lack of demand in domestic market and unviability in international market in view of levy of duty on export of Pellets by Government of India.

KIOCL is engaged in the business of manufacturing and exporting high quality Iron Oxide Pellets and supply of pig iron for domestic market. The company also in the business segment of Pellets, Pig Iron.

Peers
Company Name CMP
Coal India 411.85
NMDC 79.70
Ashapura Minechem 525.80
Sandur Manganese 185.45
GMDC 556.60
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