Date: 16 March 2019 , 20:24
News ID: 4053

India: Vizag Steel Issues 25,000 MT Pig Iron Export Tender

Vizag Steel- a leading state-owned Pig iron producer and exporter, has issued an export tender of 25,000 MT basic grade steel making Pig iron for any country other than Nepal.
India: Vizag Steel Issues 25,000 MT Pig Iron Export Tender

This tender is due on 4 Mar’19. As per the delivery schedule, the last date of shipment shall be 31 Mar’19. The offer given by the bidder will remain valid till 11 Mar’19.

Specifications:

Carbon: 3.5-4.8 %

Manganese: 0.50% max

Silicon: 1.5% max

Phosphorus: 0.12% max

Sulphur: 0.05% max

The bidders are requested to kindly consider the port of loading as ‘Gangavaram port (GPL)’ only.

For contact details and other information view TENDER SECTION.

The company had issued an export tender of 25,000 MT basic grade steel making Pig iron for any country other than Nepal. The tender was due on 13 Feb'19 with offer validity till 20 Feb'19. As per the delivery schedule, the last date of the delivery period shall be 31 Mar'19. As per market sources report to SteelMint, the company canceled the tender amid lower bids received than the company's expectations. As per sources, the company received bids received around USD 340/MT, FOB India.

source: SteelMint