A South India-based pellet maker had floated an export tender for 100,000 t of material (Fe 63%; Al2O3- less than 2%) on 21 Dec'23. As per sources, the tender was heard concluded at around $137-138/t FOB. The pellet maker concluded an export tender for pellets (Fe 63%; Al2O3- less than 2%) of 50,000 t at around $131/t FOB in the first week of the month.