Southern India-based pellet maker – KIOCL has floated a pellet export sale tender for about 50,000 t (Fe 63.5% and Al 2-2.1%). The tender due date is 15th Apr’21 among the empanelled customers. The company’s last tender held towards the beginning of Mar’21 was heard to be concluded at $192/t FoB. The company’s total pellet production stood at 2.21 mn t in FY’21, down by 7% y-o-y and sales were recorded at 2.31 mn t in FY’21.
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