South India-based state-owned pellet producer, KIOCL, has issued an export tender for Fe 63% (2% Al) pellets, as per SteelMint reports. The tender, due on 31 Aug’21, is solely for KIOCL’s empanelled customers. The minimum quantity offered is 55,000 t. The company’s previous deal concluded off the tender in mid-Aug fetched around $172/t FoB to the Middle East. KIOCL operates a 3.5 mn t/year pellet plant in Mangalore, Karnataka.
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