Karnataka-based pellet producer state-owned KIOCL has issued an export tender for 50,000 t (Fe 63%, alumina content at 2%), as per SteelMint reports. The tender, with its due date on 4 Jun’21, is for KIOCL’s empanelled customers. The company’s previous tender, concluded in mid-May’21, was heard concluded at around $234/t, FoB. KIOCL operates a 3.5 mn t/year pellet plant in Mangalore, Karnataka.
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