State-owned, KIOCL invites tender for supply of 120,000 DMT iron ore concentrate – haematite from overseas suppliers. Iron ore procured will be used at its Mangalore-based pellet plant and the respective pellet produced out of the iron ore will be purchased back by the same party.
The suppliers who are willing to purchase equivalent quantity of Pellets produced by KIOCL on their own or through their agency only need to submit their quotations.
Interested parties are asked to quote prices in USD CIF, New Mangalore port, India basis, inclusive of all taxes, duties & statutory levies as applicable.
For sale of Pellets, parties can quote price in USD currencies on FOB ST, New Mangalore port basis
Specification of Iron Ore Concentrate Hematite and Pellets:
| Specification | Concentrated Hematite | Pellets |
| Fe | 66.2% basis | 64.30 % |
| SiO2 | 4.44% max | 5.50% Max |
| Al2O3 | 0.27 % max | 0.60% Max |
| Phosphorous | 0.014% max | 0.03% Max |
| Sulphur | 0.007% max | 0.02% Max |
| Moisture | 3.05% max | 4.00% |
Interested bidders can submit their bids till 10 Aug’18 at 14:00 hrs and techno-commercial bids will open on same day at 15:00 hrs.
For contact details and other information view TENDER SECTION
India’s 50,000 MT pellet export tender due today – In another tender floated by KIOCL is for export of 50,000 DMT pellets. The tender was due today at 14:00 hrs. According to market sources report to SteelMint, southern India based pellet maker – KIOCL (Kudremukh Iron Ore Company Limited) concluded three deals last month for 50,000 MT pellets each containing Fe 64% grade (less than 2% alumina). As per sources, the deal has been concluded at around USD 116-118/MT, FoB India.
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