Southern India-based pellet maker – KIOCL had floated two tenders for pellet sales in the domestic and export market with due date for both the tenders being 25th Feb’21. Offered quantity for each tender is about 50,000 t pellet (Fe 63%). In a recent update received, the tender has been postponed till early next week. Its last export tender held in 1st week of Feb’21 was concluded at $190/t FoB. The company operates 3.5 mn t pa pellet plant in Mangalore, Karnataka.
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