India's state-owned pellet maker - Kudremukh iron ore company Ltd (KIOCL) concluded pellet (Fe 64%, less than 2% Al) export deals at around $208/dmt, FoB India. KIOCL's pellet export prices have moved up by around $25/t against its last tender concluded in mid-Dec'20. The company operates 3.5 mn t pa pellet plant in Mangalore, Karnataka.
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