KISCO'S MAIDEN EXPORT OF PIG IRON

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The new joint venture company Kudremukh Iron & Steel Company Ltd. (KISCO), established by the joint collaboration of Kudremukh Iron Ore Company Ltd. (KIOCL), Metallurgical and Engineering Consultants (India) Ltd. (MECON) and Metal Scrap Trading Corporation (MSTC), had finalised its maiden export order in March 2002 for basic grade Pig Iron with M/s PRIMETRADE AG, Switzerland which is globally one of the leaders in the trading of pig iron. The vessel mv PENDRECHT sailed out of the Mangalore Port on June 9, carrying 31,430 tonnes of Pig Iron to a premier Steel maker group M/s Mega steel Sdn Bhd, Selangor situated at Port Klang, Malaysia.

The Company was formed to manufacture low sulpher and low phosphorous pig iron and Ductile iron spun pipes at Mangalore. The Blast furnace was blown in on January 28, 2001 and commercial production commenced from May 18, 2001. The production of 21460 tonnes of pig iron and 300 tonnes of auxiliary products upto May 15, 2001 were despatched by June 2001.