Indian Pellet Exporter Fetches High Premium for Low Alumina Pellets in Recent Deal

Mining News Pro - According to market sources report to SteelMint, southern India based pellet maker - KIOCL (Kudremukh Iron Ore Company Limited) has recently concluded a deal of 50,000 MT pellets of Fe 64% grades (less than 2% alumina). As per sources, the deal has been concluded at around USD 117-118/MT, FoB India for July shipment. The company had floated a limited tender 2 days back following which the deal was concluded.

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