State-owned, KIOCL invites tender for supply of 150,000 DMT iron ore concentrate – haematite from indigenous suppliers. Iron ore procured will be used at its Mangalore-based pellet plant and the respective pellet produced out of the iron ore will be purchased back by the same party.
The suppliers who are willing to purchase equivalent quantity of Pellets produced by KIOCL only need to submit their quotations In the event of the successful bidder preferring to export the pellets so procured, may do so as a Third Party Exporter.
The offer to be kept valid for 07 days from the date of opening of the techno-commercial tenders. Tenders with inadequate validity will be rejected.
Interested parties are asked to quote price on “CIF FO New Mangalore Port, India”, basis,including all taxes & statutory levies as applicable and exclusive of applicableGST.
Specification of Iron Ore Concentrate Hematite and Pellets:
| Specification | Concentrated Hematite | Pellets |
| Fe | 66.50 | 64-64.5 |
| SiO2 | 2.50 | 2.75 |
| Al2O3 | 0.50 | 0.75 |
| Phosphorous | 0.05 | 0.05 |
| Sulphur | 0.75 | 0.10 |
Interested bidders can submit their bids till 10 Sep’18 at 14:00 hrs and techno-commercial bids will open on same day at 15:00 hrs.
For contact details and other information view TENDER SECTION.
KIOCL has extended the global tender for purchase of 110,000 MT Iron Ore till 14 Sep’18.
KIOCL’s recent pellet export deal – KIOCL has concluded a pellet export tender a couple of days back for around 50,000 MT consisting of 64% Fe content and less than 2% alumina. According to sources the deal has been concluded at around USD 148/MT, FoB India for October shipment. High grade Indian pellets (with lower alumina content) are becoming a great source of interest for overseas buyers.
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