South India-based pellet producer, KIOCL, has issued an export tender for sale of 55,000 t of Fe 63% pellet with alumina content of 2%, as per latest reports. The tender was heard concluded at around $195/t FoB. The company’s previous tender in the beginning of Jun’21 was concluded at $241/t FoB, SteelMint learnt from sources. Another tender held towards mid-Jul’21 did not receive participation, as per sources. KIOCL operates a 3.5 mn t/year pellet plant in Mangalore, Karnataka.
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