Sri Lankan steel giant MELWA Group is set to export 15,000 metric tons of iron ore worth $9 million to the Canadian market for the first time.
The MELWA Group has received an order to ship US$9 million worth of iron ore to the Canadian market every month, with an expected annual revenue of US$110 million.
The MELWA Group is preparing to export iron to other countries, including the United Kingdom.
This iron ore stock was shipped yesterday (05) at the Colombo Port Yard.