KIOCL of India closes its pellet plant once more.
Steel Orbis
India
14-12-2023
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Due to an iron ore shortage, the company has had to shut down several times in the last year. KIOCL had stopped operations in June, picked them back up in August, closed it that same month, picked them back up in September, shutting it down in October, and picked them back up in November. The pellet producer had also been attempting to import iron ore for pelletisation but continue to face shortage of supplies from domestic sources making operations unviable.