India’s Vizag Steel Extends 150,000 MT Met Coke Tender

Rashtriya Ispat Nigam Limited (RINL), state owned steel maker under the ministry of steel has extended the global tender for purchase of 150,000 MT low ash metallurgical coke at Visakhapatnam, India.

RINL issued two new corrigendum in last two days one for the extension of due date and one for the amendment in the terms.

According to the corrigendum no 1 dated 19 Apr’18 the new due date for bid submission is 25 Apr’18.

The terms amended in the latest corrigendum no 2 dated 20 Apr’18 are

•DELIVERY : (PARA 3.0 of Part-I of Tender)
•QUOTING OF PRICES: (PARA 8.0 of Part-I of Tender)
•PARA 12.0 of Part-I of Tender
•PARA 2.0 of Part-IV of Tender
•CURRENCY AND UNIT OF WEIGHT (PARA 3.0 of Part-IV of Tender)
•EVALUATION OF THE OFFERS (PARA 6.0 of Part-IV of Tender)
•VITAL Conditions: PARA 13.4 of Part-IV of Tender
•STATEMENT OF DEVIATIONS (Enclosure to Part-V of Tender)
•Check List (Part-VI of Tender)
•DELIVERY : (Para 2.0 of Part-VII of Tender)
•Price (Para 3.0 of Part-VII of Tender)
•Payment Terms (Para 9.0 of Part-VII of Tender
•Payment Terms (Para 9.0 of Part-VII of Tender)
•PERFORMANCE GUARANTEE(PG) BOND (Para 11.0 of Part-VII of Tender)

For contact details and detailed corrigendums Click Here

In India, Met Coke producers have kept their ex-works prices maintain stability as the market conditions are uncertain and sluggish. The producers are however expected to bring down their ex-works prices in the coming days.

The current ex-works prices for the Blast Furnace grade in India are at: INR 25,500/MT(east coast) and INR 25,500-27,500/MT (west coast).


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