India: Vizag Steel Invites 50,000 MT Export Tender for Billet & Bloom
Rashtriya Ispat Nigam Limited (RINL)- the state owned steel maker under the Ministry of Steel, has invited a tender for export of 30,000 MT Billets and 20,000 MT Bloom.
The bidders are requested to kindly consider port of loading as ‘Gangavaram port (GPL)’ only and the last date of delivery shall be 10 Aug’19 on FoB Basis.
Validity: The bidder / successful bidder shall keep their offer firm and valid for acceptance by RINL until 09/07/2019 or as extended with mutual agreement between RINL and the bidder / successful bidder.
Due date (Indian Standard Time): The due date for bid submission is 02 Jul’19 till 15:00 hrs.
Prior to this, the company had floated tender for 50,000 MT billet & bloom which was due on 11 Jun’19. As per sources, the tender for 20,000 MT 150 x 150 ( IS 2830 Gr A C20 MMn & IS 2830 Gr A) was concluded at around USD 435/MT, FoB India.
source: SteelMint
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