A South India-based pellet maker floated an export tender for 50,000 t of material (Fe 63%; Al2O3+SiO2 8%) a few days ahead of the Chinese Golden Week holidays (1-7 Oct). As per sources, the tender successfully received bids amidst positive sentiments in the seaborne market and a sharp rise in the global fines index. The tender was concluded at $110/t FOB India.
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