Southern India based pellet maker – KIOCL has concluded an export deal for pellets (Fe 63% and 2% Al) yesterday. The deal was heard to be concluded at $190/t FoB. The cargo has been booked for a non-Chinese destination, credible sources reported to SteelMint. Prices have come down against its last month’s tender price of $208/t FoB India. The company operates a 3.5 mn t pa pellet plant in Mangalore, Karnataka, India.
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