India: RINL Global Tender for Purchase of 30,000 MT LAM Coke

Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel is a navratna PSE under the ministry of steel has invited a global tender for purchase of 30,000 MT low ash metallurgical coke at Visakhapatnam, India.

Validity: Offer valid for acceptance for a period of 120 days from the actual date of tender opening.

Specification:

Technical Parameters Value
Total moisture 10% max
Volatile matter 1.5% max
Ash 13.5% max
Sulphur 0.60% max
Phosphorus 0.035% max
M10 8.0% max
M40 80.0% min
CSR 62.0% min
CRI 22% min-26% max

 

The successful tenderers should commence delivery of material within 7 – 10 days from the date of placement of LOI / A/T and complete delivery of the offered monthly scheduled quantity in an evenly spread manner in the month.

Tender Schedule: The due date for bid submission is 25 Apr’19 till 10:30 Hrs

Market sentiments
Seaborne metallurgical coke prices remain stable after a tremendous price cut of around USD 38/MT, FOB China in the month of March’19.  Met coke prices for 64% CSR and the 62% CSR grades are currently assessed at around USD 323/MT and USD 307/MT FOB China respectively, remains stable from the rates that prevailed in the last week (01 Apr-07 Apr’19). Prices are stable as buyers are now ready to take positions in the International market.

For contact details and other information view TENDER SECTION


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