Tag: KIOCL pellet export deal
-
Indian mill concludes 110,000 t of pellet export deals
An Indian pellet maker had floated two pellet export tenders for 55,000 t (-/+ 10%) each (Fe 63%, 8% SiO2+Al2O3). Both the tenders were heard to be concluded at $106/t FOB. Indian pellet export trade activities have gained momentum post-removal of the 45% duty, supported by a recent recovery in global iron ore prices.