Deals17 Jun 2026, 04:29 pm
Kirloskar Ferrous Bags USD 13.51M Pig Iron Supply Contract
AI Summary
Kirloskar Ferrous Industries Ltd has secured a significant contract for the supply of basic grade Pig Iron to an international buyer based in London, UK. The contract is valued at approximately USD 13.51 Million. The supply involves 30,000 (+/- 5%) MT of Pig Iron on FOB basis, with the latest shipment scheduled by August 15, 2026. Payment will be made against a Letter of Credit payable at sight. This international deal does not involve any interest from promoters or group companies and is not considered a related party transaction.
Key Highlights
- Secured international contract for pig iron supply worth USD 13.51 Million.
- Supply volume of 30,000 MT (+/- 5%) of basic grade Pig Iron.
- Latest shipment deadline set for August 15, 2026.
- Contract is with an entity based in London, UK.
- No promoter or group company interest involved.
Price Impact
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