April 01, 2002

    Kudremukh Iron & Steel Company Ltd. (KISCO), Mangalore has concluded a contract on March 30, with M/s PRIMETRADE AG, Switzerland for export of about 30,000 tonnes of basic grade pig iron. KISCO will supply the pig iron in May 2002. This is the first export order bagged by KISCO, a joint venture of the Kudremukh Iron Ore Company Ltd. (KIOCL). The value of the order is about Rs.17 crore and the Cargo is for Far East destinations.