India: Vizag Steel Floats Ocean Export Tender for 30,000 MT Bloom
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Vizag Steel, state owned steel maker under the Ministry of Steel, has invited a e-tender for the export of 30,000 MT Bloom.
The offer given by the bidder will remain valid until 12 Feb'20. The bidders requested to kindly consider port of loading as 'Gangavaram port (GPL)' only.
Bidders are requested to submit the offer online with best price in USD/MT on FOB st Visakhapatnam (gpl) on direct export basis.
Specification:
Product | Size (mm) | Grade | Quantity (MT) | LAST DATE OF SHIPMENT |
BLOOM | 150X150 | 4SP (Length-12 MTRS (+/-250 MM)) | 30,000 | 25-Feb-20 |
Due Date: Interested bidders can submit their bids till 14:00 hrs on 05 Feb'20.
Prior to this, the company had floated an ocean export tender for 30,000 MT blooms of size 150*150mm. The material offered was of 4SP grade. According to market sources report to SteelMint, the company has concluded the tender at around USD 420-425/MT, FoB India. The material shipment is to be made by 31 Jan'20.
Global billet prices have come down following decline in scrap prices. Current assessment from CIS nations stands at USD 390-395/MT, FoB Black Sea.
For contact details and other information view TENDER SECTION