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India: MMTC Global Tender for Import of Scrap

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Melting Scrap

BigMint Bureau

971 Reads

27 Feb 2018, 13:48 IST

India: MMTC Global Tender for Import of Scrap

MMTC, a leading international trading company in India and one of the major global players in minerals trade, has issued a tender for import of 15,000 MT Shredded scrap in bulk conforming to US ISRI code 211.

Eligibility Criteria:
oThe supplier shall be with past experience engaged in supply/export of Shredded scrap at Indian ports. Tender should have also successfully supplied a minimum of 15,000 MT of Non-Alloy Steel Melting scrap (Shredded Scrap) as per US ISRI code 211, executed through a single or multiple order in any one of the last three calendar year i.e.2014-2017.
oIndian Central PSU trading house, having due authorization from the overseas scrap suppliers may also be considered eligible for participation.

Shipment and Delivery: Shipment shall be in a single lot of 15,000 MT tentatively in March-April, 2018 at any one port i.e Mormugao Port, Goa/ Kandla Port/ Vizag Port.

Interested bidders can submit their bids till 16 Mar'18 at 14:30 hrs and techno-commercial bids will open on same day at 14:45 hrs.

For contact details and other information view TENDER SECTION

Global scrap prices move up
Imported scrap prices have increased amid shortage. US origin HMS (80:20) is assessed at USD 362/MT, CFR Turkey. Shredded scrap offers to India were heard in the range of USD 390-395/MT, CFR India.