South India-based pellet maker concludes 50,000 t export tender
A South India-based pellet maker floated an export tender for 50,000 t of material (Fe 63%; Al2O3- less than 2%) recently. As per sources, the tender was heard concluded at around $138/t FOB. The pellet maker concluded an export tender for pellets (Fe 63%; Al2O3- less than 2%) of 100,000 t at around $137-138/t FOB in the last week. Notably, the pellet maker concluded around 200,000 t export deal through tender in Dec'23.