India: Vizag Steel Concludes 40,000 MT Bloom Export Tender
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Vizag Steel - a government of India owned mill had floated ocean export tender for 5,000 MT Wire Rod, 23,000 MT Pig Iron, 20,000 MT Billet, and 40,000 MT Bloom.
According to market sources report to SteelMint, the company has concluded the bloom export tender for size 150*150mm of quantity 40,000 MT (2 lots each of 20,000 MT) recently. As per sources, the tender has been concluded at around USD 370-372/MT, FoB India. The material shipment is to be made by 15 Nov'19.
The bloom deal concluded had following specifications
| Grades | C | Mn | Si | P | S |
| IS 2830 Gr A | 0.12 - 0.23 | 0.30 - 1.50 | 0.40 Max | 0.045 Max | 0.045 Max |
| IS 2830 C20 MMn Gr A | 0.17 - 0.23 | 0.60 - 1.00 | 0.15 - 0.35 | 0.050 Max | 0.050 Max |
Towards end of Sept'19, the company concluded 30,000 MT bloom (IS 2830 grade) export tender. The material offered has specifications - C-0.12-0.23%, Mn - 0.3-1.5%, Si- 0.4% max, P-0.045% max & S-0.045% max. The deal value was reported to be USD 380/MT, FoB. The tender was concluded in two parts 15,000 MT each.
