MMTC Tender for Export of 25,000 MT Chrome Ore

MMTC, a leading international trading company in India and one of the major global players in minerals trade, has issued a tender for export of 25,000 MT friable chrome ore of Indian origin for interested overseas buyers.

The origin of the material is Misrilall Mines Pvt. Ltd. (MMPL) and the loading of the material is scheduled on or before 25 Jun'17.

Bidders needs to quote prices in USD/DMT FoBT Paradip port India (in bulk). The bidders shall keep their bids valid for a period of 10 days from the date of tender closing.

Interested parties can submit their bids till 5 Jun'17.

Specification of Chrome Ore

Cr2O3 : 50% basis 48% min
Cr:Fe ratio : 2.4:1 min
SiO2 : 7% max
Al2O3 : 12.5% max
Phosphorous: 0.007% max
Sulphur: 0.03% max
Physical size: Friable
Packing : Loose in bulk

Global Chrome Ore Market Scenario

Chrome ore prices weakened in all global regions as consumer interest and spot activity became increasingly scarce due to the lacklustre Stainless Steel and Ferro Chrome market.

Sources reported to SteelMint that South Africa 42% UG2 chrome ore deals were concluded at USD 130/MT CIF China this week.

For contact details view tender section:
http://www.steelmint.com/tender/export-of-chrome-ore-7688