
Business Update18 Jun 2026, 10:35 am
KFIL Secures USD 13.51M Pig Iron Supply Contract
AI Summary
Kirloskar Ferrous Industries Limited (KFIL), a subsidiary of Kirloskar 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%) metric tons of pig iron on an FOB basis, with payment via a sight Letter of Credit. The latest shipment is scheduled by August 15, 2026. This deal represents a key business development for KFIL, expanding its international reach in the supply of essential industrial materials.
Key Highlights
- KFIL awarded contract for pig iron supply to UK buyer.
- Contract value approximately USD 13.51 million.
- Supply of 30,000 MT of basic grade pig iron.
- Latest shipment due by August 15, 2026.
- Deal is with an international entity on FOB basis.
Price Impact
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