Tag: KIOCL tender result
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Indian mill concludes around 110,000 t pellet export tender
An Indian pellet producer issued a tender for sale of 110,000 t of iron ore pellets (Fe63%, 8% Al2O3+SiO2) on 22 May’24. As per sources, the tender successfully concluded at $116-118/t FOB amid decent interest from buyers for June delivery. Notably, India exported around 11.3 mnt of pellets in FY’24.