Southern India based pellet maker – KIOCL has floated e-tender for sale of pellets for export market for 55,000t during Jul’20. The tender will be held between 14:00 hrs on 01 Jul’20 and 14:00hrs on 03 Jul’20 IST among empanelled customers. Company concluded pellet (Fe 64%, 2% Al) export deal couple of weeks back at $107 FoB for non-Chinese markets. However now the interest has turned slow from China.
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