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 11,000 MT low silica chrome concentrate for interested overseas buyers.
The origin of the material is Tata Steel, India and the shipment period of the material is Nov’18.
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 16 Oct’18.
Tata Steel Ltd has issued another RFQ (Request for Quotation) for procurement of 15,000 MT imported steel melting scrap for its newly acquired plant Bhushan Steel Limited recently, SteelMint learned from industry sources.
Tata Steel Ltd has recently concluded the tender for imported scrap for its newly acquired plant - Bhushan Steel Limited, SteelMint learned from industry sources.
As per SteelMint's analysis, iron ore movement across major producing states of the country recorded at 12.91 MnT (excluding exports) in Feb'19.
Odisha contributes almost entirely towards chrome ore production in India. Chrome Ore Production in Jan’19 was noted to be 601,338MT . It is about 76% higher as compared to the previous month viz., Dec’18.
Bhushan Steel - a major integrated steel maker with a capacity of 5.6 MnT has recorded iron ore sourcing at 0.35 MnT in Jan'19. The sourcing dropped 17% on monthly basis as against 0.42 MnT in Dec'18.
As per the recent press release, Tata Steel has launched its best-in-class Tata Tiscon SD (Super Ductile) rebar in the southern markets and the new rebar will replace the current product, Tiscon 500D.