India: KIOCL concludes 50,000t pellet export deal

Southern India based pellet maker – KIOCL has concluded the export tender for about 50,000 t pellets (Fe 64% and 2% Al). According to sources report to SteelMint, the tender was concluded at $122-124/DMT FoB India and is likely booked for non-Chinese destination. The company operates 3.5 mn t pa pellet plant in Mangalore, Karnataka.


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