India: KIOCL floats 50,000 t pellet export tender

KIOCL has floated a tender for exports of 50,000 t of iron ore pellets (Fe63%, 8% Al2O3 + SiO2). The due date for submission of bids is 2 pm of 5 Mar’24 and is only for KIOCL’s empanelled customers. Some tenders – via road and sea routes – have also been floated for the domestic market. The company has suspended operations amid sluggish market conditions from 24 Feb last.