State-owned pellet producer KIOCL has issued an export tender for one shipment (Fe 63%, alumina content 2%), as per SteelMint reports. The tender, due on 11 Nov’21, is only for KIOCL’s empanelled customers. The company’s previous export deal, concluded towards end-Oct, fetched around $165/t on FOB basis. KIOCL operates a 3.5 mn t/year pellet plant in Mangalore, Karnataka.
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