Sponge iron capacity got over early in FY22 Q4 too – so a lot of pellets were sold in Q4 FY22 vs Q1-Q3 FY22, but it was before export levy and pellets were a lot more profitable. Once the investor ppt is available maybe the extent of incident in Q4 will be clear w.r.t iron ore mining and pellet production.
There was a news release later that the mining incident wouldn’t affect Q1 output, but selling prices are a bit down now vs Q4 and may be more subdued in late Q1 and most of Q2 with monsoon season.
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