India: Vizag Steel Invites Export Tender for 60,000 MT Billet and Bloom

Rashtriya Ispat Nigam Limited (RINL)- a state-owned steel maker under the Ministry of Steel, has invited a tender for export of 30,000 MT Billets and 30,000 MT Bloom.

Interested bidders can submit their bids till 13 May ‘19 at 15:00 hrs. As per the delivery schedule, the last date of delivery shall be 15 June ’19 on FoB basis to Nepal.

The bidders are requested to kindly consider port of loading as ‘Gangavaram port (GPL)’ only. The offer given by the bidder will remain valid until 20 May’19.

Due date (Indian Standard Time): The due date for bid submission is 13 May ’19 till 15:00 hrs.

Vizag Steel canceled last export tender - The Rashtriya Ispat Nigam Limited (RINL), a state-owned steel maker under the Indian Steel Ministry had floated an export tender for 30,000 MT billets. The material offered was in 3 lots of 10,000 MT each of sizes 90*90mm,77*77mm and 65*65mm. The bid submission due date was 26 Apr’19 with offer validity till 03 May’19. The material shipment was scheduled to take place by 31 May’19.

According to market sources report to SteelMint, the tender was canceled due to low participation.

News No: 4504
Date: 2019/05/14 - 12:24
News Source: SteelMint

India  Vizag Steel  Export  Billet  GPL 


Leave a Comment:


SE Asia Billet Prices Fall Amid Dull Market Conditions

The SE Asian billet import market remained silent this week. No deals were reported this week. The market was quite due to weaker sentiments. This week South East Asia’s billet import assessment stands at around at USD 440-445/MT, CFR, down USD 5/MT against last week.

India: SAIL Reduces Pig Iron Offers for August Deliveries

Steel Authority of India Ltd (SAIL) has reduced basic grade (steel grade) pig iron offers by around INR 700/MT (USD 10) from its Bhilai Steel Plant (BSP) based in Central India, SteelMint learned from market sources.

India: Imported Scrap Market Turns Silent, Domestic Scrap Remains Preference

Imported scrap offers to South Asia plunge below 2 years low levels on limited demand

Indian Iron Ore Exports Up 19% in July’19

Indian iron ore export volumes for July’19 stood at 2.13 MnT, up 19% as against 1.79 MnT in June’19. On yearly basis, exports increased significantly compared to July’18 at 0.17 MnT.

India's Scrapped Ship Import Volume Increases 33% in July

Alang - Gujarat, has registered sharp growth in imports of scrapped ships in Jul'19 and the volume reached 7 months high since Dec'18, as per custom data maintained by SteelMint.

India: JSW Long Steel Output Drops 11% M-o-M in Jul’19

JSW Steel, India's largest private steel producer has released its monthly crude steel output results today for Jul'19. The company reported decline in its production numbers over dull demand and low buying prevailing in domestic market.
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners