State-owned pellet producer KIOCL has issued an export tender for Fe 63% (2% Al) pellets. The tender, due on 30 Sep’21, is solely for KIOCL’s empanelled customers. The minimum quantity offered is 55,000 t. The company’s previous deal, concluded in the beginning of Sep, fetched around $160/t on FOB basis for non-Chinese destinations. KIOCL operates a 3.5 mn t/year pellet plant in Mangalore, Karnataka.
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