Major pellet makers recorded an increase in production in FY`18-:

Odisha based pellet maker-: JSPL (Jindal steel and power) has increase pellet production by 6% to 6.86MnT in FY’18 against 6.45MnT in FY’17. The company had also exported 1.92MnT pellets and accounting 21% share in total pellet exports from India.

Southern India based pellet maker-: KIOCL has recorded a robust improvement in pellet production to 2.33MnT in FY’18 increase 59% against the last year which was 1.46MnT. The company has witnessed a sharp increase of 73% to 1.59MnT pellet export during the FY’18 against 0.92 MnT in FY`17.

Central India based major pellet maker-: Godawari power and Ispat observed 1.84 MnT pellet production, an increase of 23% Y-o-Y in FY’18 against 1.5MnT in FY’17.

According to the SteelMint assessment top pellet producers like JSW Steel, Essar, Tata Steel, Jindal Steel and Power and KIOCL accounted for nearly 63% share in India’s pellet production in FY’18 and were operating at 83% capacity utilization levels.

Indian pellet exports moved up by 8% to 8.96MnT in FY’18 on increased Chinese demand and also strong demand from non-Chinese markets like Japan, South Korea, Vietnam etc. Conducive domestic and global market stimulated Indian pellet makers to raise production.

 

 

http://www.miningnewspro.com/en/News/230101/India’s Top 10 Pellet Producers in FY`18