21
Sep
13:41
KIOCL plans tolling agreement for iron ore supply
India-based Kudremukh Iron Ore Company (KIOCL) is eyeing back-to-back contacts under a tolling agreement to ensure an undisrupted supply of iron ore fines, concentrates, and pellet feed.
KIOCL is communicating with global steel mills, seeking two back-to-back agreements. The idea is for KIOCL to receive raw material supplies under one contract and for the mills to then buy back the equivalent quantity of pellet in the separate second contract, says KIOCL chief man…
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Very good overview of the weekly steel market.
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