India: Vizag Steel Floats 50,000 MT Billet & Bloom Export Tender
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Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, has invited tender for export of 10,000 MT Billets and 40,000 MT Blooms. Bid due date is till 23 Jan'19 at 15:00 hrs. However the offer given by the bidder will remain valid till 30 Jan'19. As per the delivery schedule, last date of delivery period shall be 28 Feb'19.
Specifications of material offered:
| Product | Size (mm) | Grade | Quantity (MT) |
| Billet | 90 * 90 | IS 2830 C20MMn GR A | 10,000 |
| Bloom | 150 * 150 | 15,000 | |
| IS 2830 GR A | 15,000 | ||
| 200 * 200 | 10,000 |
Vizag Steel concluded 15,000 MT Billet deal in previous issued tender - According to market sources report to SteelMint, the company has concluded the 15,000 MT bloom (150*150mm, IS 2830 C20 MMn Gr A) tender for which bid due date was early Jan'19. The tender was heard to be concluded at USD 414-417/MT, FoB India. The material had specifications -- C: 0.17-0.23%, Mn: 0.6-1%, Si-0.15-0.35%, P:0.045% max, S:0.045% max.
As per sources, tender for other offered lots of sizes 200*200mm bloom did not manage to fetch bids so was thus cancelled. Also ocean export tender for 90*90mm billet remained un-awarded as the company was heard to have fetched better response in export tender for Nepal.
For contact details and other information view TENDER SECTION
