Pellet manufacturers ride strong Chinese demand

Given the Chinese government’s intent to curtail production of polluting industries, including sinter plants in steel mills, its procurement of higher grade iron ore (including pellets) has been on the rise, an Icra report said

100 mt - India's pelletisation capacity set to cross by FY20

22.8% - Growth in installed capacity of pellets to 87 mt in FY17

Rs 2,450 per mt - Domestic gross contribution levels for pellet manufacturers

Rs 3,000 per mt - Export gross contribution levels

55% Capacity - utilisation levels