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Kirloskar Ferrous Industries Secures Export Order From United Kingdom
Kirloskar Ferrous Industries has secured an export order worth approximately $13.5 million for the supply of 30,000 metric tonnes of basic-grade pig iron to the United Kingdom. The order strengthened investor sentiment, leading to a sharp rise in the company's share price during trading.
By Finblage Editorial Desk
9:50 am
18 June 2026
Kirloskar Ferrous Industries Ltd has secured an export contract valued at approximately $13.5 million for the supply of 30,000 metric tonnes of basic-grade pig iron to a customer in the United Kingdom. The company disclosed the development through a regulatory filing, stating that the supplies will be executed on a free-on-board (FOB) basis.
According to the company, the shipment of the contracted quantity is scheduled to be completed by September 2026. The order highlights the company's growing presence in international markets and reflects continued demand for Indian pig iron exports.
Following the announcement, investor sentiment turned positive, with shares of Kirloskar Ferrous Industries witnessing strong buying interest. The stock rose nearly 12 percent during intraday trade, making it one of the top gainers on the National Stock Exchange.
The export order is expected to support the company's revenue visibility and strengthen its order book. The development also underscores the competitiveness of Indian metal producers in global markets amid steady demand from overseas customers.
Kirloskar Ferrous Industries is engaged in the manufacturing of pig iron and castings and caters to domestic as well as international customers across various industrial segments.
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