India: Vizag Steel Floats 50,000 MT Billet & Bloom Export Tender 

Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, has invited tender for export of 10,000 MT Billets and 40,000 MT Blooms. Bid due date is till 04 Jan’19 at 11:00 hrs. However the offer given by the bidder will remain valid till 11 Jan’19. As per the delivery schedule, last date of delivery period shall be 15 Feb’19.

Specifications of material offered:

Product Size (mm) Grade Quantity (MT)
Billet 90 * 90 IS 2830 C20MMn GR A 10,000
Bloom 150 * 150 15,000
IS 2830 GR A 15,000
200 * 200 10,000


For contact details and other information view TENDER SECTION

Global Billet market overview:

1. Global billet export offers remain weak. Offers from CIS nations is heard around USD 410/MT, FoB Black Sea

2. SE Asia billet market remained quiet ahead holidays and disparity between bids and offers

3. Domestic billet offers in India are assessed around INR 33,500/MT (ex-Mumbai), GST extra

4. Eastern India based large mill concluded 10,800 MT billet export tender recently to Nepal at USD 470/MT, ex-Durgapur


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