KIOCL, a state owned pellet
manufacturer based in Mangalore (Karnataka) having a production of 3.5 mn tonne
per annum had floated a tender for supply of 1,00,000 tonnes iron ore fines of
minimum 62.5 % Fe to its plant.
The applications for the tender
were closed today and a top official from KIOCL said, “We received four
bids and participants especially from Odisha are keen to supply fines. However,
we have not awarded the tender to anybody till now. We will take a
decision after scrutinizing the participant's previous performance and creditability.
Also the tender will only be beneficial for us if the offers are lower than
NMDC's current prices (which went down by 3% in November).”
We had not received any
offers from international miners or traders, he further added.
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