India: Vizag Steel Invites Ocean Export Tender For 50,000 MT Bloom
Rashtriya Ispat Nigam Limited (RINL), a state owned steel maker under the Ministry of Steel, has invited two bloom export tenders of size; 200*200 and 150mm and quantity 20,000 MT and 30,000 MT respectively.
The offer given by the bidder will remain valid until 28 Nov’19. The bidders requested to kindly consider the port of loading as ‘Gangavaram port (GPL)’ only.
Bidders are requested to submit the offer online with the best price in USD/MT on FOB st Visakhapatnam (GPL) on direct export basis.
Due Date: Interested bidders can submit their bids till 21 Nov’19 by 14:00 HRS for 150*15mm size and 15:00 HRS for 200*200mm size.
Prior to this as well, the company had floated bloom export tenders of size; 200*200 mm and 150*150 mm and quantity 20,000 MT and 30,000 MT respectively.
According to market sources report to SteelMint, the company has concluded the tender for size 150*150mm; 30,000 MT quantity. As per sources, the tender has been concluded at around USD 370-375/MT, FoB India. The material shipment is to be made by 25 Nov’19 for IS 2830 C20MMn Gr A and 30 Nov’19 for IS 2830 Gr A.
source: SteelMint
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
