Rashtriya Ispat Nigam Limited (RINL), state owned steel maker under the ministry of steel, has invited a tender for export of 10,000 MT Billets. As per the delivery schedule, last date of delivery period shall be 30 Jun’18. The offer given by the bidder will remain valid till 08 Jun’18.
The bidders have the option to quote for shipment either at Visakhapatnam port (VPT) or Ganagavaram port (GPL).For steel products other than WRC the FOB expense of VPT is Rs. 344.75 and for GPL is Rs. 317.25.
Specification:
| Product | Size (mm) | Grade | Quantity (MT) |
| Billet | 90 x 90 | IS 2830 C20MMn Gr A | 10,000 |
The length of Billets is 12 meters approximately and packaging will be in loose.
Interested bidders can submit their bids till 01 Jun’18 at 11:00 hrs.
For contact details and other information view TENDER SECTION
Company’s last floated tender for 10,000 MT billet (90*90mm) was concluded in mid of May at around USD 531-532/MT, FoB India.
Global Billet market overview:
1. Offers from CIS nations have come down by USD 5/MT W-o-W to USD 510-515/MT, FoB Black Sea. Offers were down amid limited trade activities in Turkey
2. Chinese Billet export price assessment moved down to USD 535/MT, FoB
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