India: Vizag Steel Floats Billet Export Tender to Nepal

Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, has invited tender for export of 8,127 MT Billets (3 rakes) to Nepal. The minimum offered quantity for each product is 2,709 MT (1 rake).

Interested bidders can submit their bids till 16 Mar’19 at 14:30 hrs. The offer given by the bidder will remain valid till 23 Mar’19.

As per the delivery schedule, the last date of the delivery period shall be 31 Mar’19.

For contact details and other information PFA.

Indian billet export offers to Nepal - The induction grade billet offers are hovering at USD 445-450/MT ex-mill and no major deals concluded on expectations of fall in prices and competitive offers for blast furnace grade at USD 460-470/MT ex-mill.

source: SteelMint