SAIL Finalizes 60,940 MT Silico Manganese Tender
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SAIL, one of the major steel producers in India, floated a tender of purchase of 60,940 MT silico manganese for its various plants from indigenous manufacturers. The requirement of material is for a period of six months, starting from Oct'16 to Mar'17, in two cycles of 3 months each.
The techno-commercial bid revealed that 8 plants had participated in the tender, for Market 1 - Bhilai Steel Plant (BSP), Bokaro Steel Plant (BSL), Durgapur Steel Plant (DSP), IISCO Steel Plant (ISP), Alloy Steel Plant (ASP).
The online reverse auction tender process has been completed and following are the L-1 (Lowest) price for SAIL's various plants:
| Company | Quantity (in MT) | Price (INR/MT) |
| Vandana Global (Raipur) | 3,000 | 59,100 |
| Maithan Alloys (Kalyaneshwari) | 2,550 | 60,000 |
| Sarda Energy (Raipur) | 3,450 | 61,000 |
| Nilkanth Ferro (Durgapur) | 2,550 | 55,800 |
| Castron Technologies (Jharkhand) | 2,554 | 64,985 |
| Berry Alloys (Andhra Pradesh) | 3,800 | 58,000 |
| Sova Ispat Alloys (West Bengal) | 2,544 | 60,000 |
| Lalwani Ferroalloys (Kolkata) | 6,000 | 59,500 |
Source: SteelMint Research
L-1 price is inclusive of excise duty, VAT, entry tax, inland trade and freight.
