India: Vizag Steel Invites Export Tender for Billet & Bloom
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Rashtriya Ispat Nigam Limited (RINL)- state-owned steel maker under the Ministry of Steel, has invited a tender for export of 30,000 MT Billets and 20,000 MT Bloom.
Interested bidders can submit their bids till 11 June '19 at 15:00 hrs. As per the delivery schedule, the last date of delivery shall be 15 July '19. The offer given by the bidder will remain valid until 18 June '19.
Specification:
| Product | Grade | Size (MM) | Quantity |
| Billets | IS 2830 Gr A C20 MMn | 90 X 90 | 10,000 MT |
| IS 2830 Gr A | 77 X 77 | 10,000 MT | |
| IS 2830 Gr A | 65 X 65 | 10,000 MT | |
| Blooms | IS 2830 Gr A C20 MMn | 150 x 150 | 5,000 MT |
| IS 2830 Gr A | 15,000 MT |
Due date: The due date for bid submission is 11 June'19 till 15:00 hrs.
Market Overview: In May'19, the company has concluded the billet export tender for 30,000 MT (150*150mm) quantity. The trade value was reported to be around USD 420/MT. FoB.
Initially, the company had invited the bids for 60,000 MT quantity, but ended by concluding for 30,000 MT only of Size 150*150 mm. Limited participation was witnessed, due to which company had to cancel other lots of this tender. Last day for bid submission was 13 May '19.
For contact details and other information view TENDER SECTION
