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India: Vizag Steel Invites Ocean Export Tender of Steel Products

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6 Dec 2019, 18:05 IST
India: Vizag Steel Invites Ocean Export Tender of Steel Products

Rashtriya Ispat Nigam Limited (RINL), state owned steel maker under the Ministry of Steel, has invited a tender for export of 20,000 MT Wire Rod Coil (WRM-2).

The offer given by the bidder will remain valid until 18th Dec'2019. 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) Min Qty. to be quoted (MT)
WIRE ROD COILS 5.5 SAE 1008 2,500 1,500
6.5 SAE 1008 2,500 1,500
8 SAE 1008 2,500 1,500
10 SAE 1008 2,500 1,500
12 SAE 1008 10,000 5,000
Total 20,000 11,000

Due Date: Interested bidders can submit their bids till 14:00 hrs on 11th Dec'19.

Prior to this the company had invited a tender for export of 23,000 MT Wire Rod and 20,000 MT Billets on 12th Nov'19. The bid due date for the tender was 15 Nov'19 with validity till 22nd Nov'19. Wire rod offered were of size 5.5-12mm & grade SAE 1008/SAE1008 B.As per market sources report, the company has concluded wire rod export tender at around USD 430-435/MT, FoB India. The tender has been concluded for near about 14,500-15,000 MT wire rod, while few lots of about 8,000 MT remained unsold.

For contact details and other information view TENDER SECTION

6 Dec 2019, 18:05 IST

 

 

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