Rashtriya Ispat Nigam Limited (RINL)- state-owned steel maker under the Ministry of Steel, has invited a tender for export of 30,000 MT Billets, 10,000 MT Wire Rod and 30,000 MT Bloom. Interested bidders can submit their bids till 26 July ‘19 at 14:00 hrs.
Bidder is requested to submit his offer online with best price in USD per MT on FoB st Visakhapatnam (GPL) on direct export basis.
The offer given by the bidder will remain valid until 02 Aug’19 and the last date of shipment is 15 Sept’19.
Specification:
| Product | Size (MM) | Grade | Quantity (MT) |
| BILLETS | 90 X 90 | IS 2830 Gr A C20 MMn | 10,000 |
| 77 X 77 | IS 2830 Gr A | 10,000 | |
| 65 X 65 | IS 2830 Gr A | 10,000 | |
| BLOOMS | 150 x 150 | IS 2830 Gr A | 30,000 |
| WIRE ROD COILS | 5.5 | SAE 1008 | 5,000 |
| 6.5 | SAE 1008 | 2,500 | |
| 8 | SAE 1008 | 2,500 |
For contact details view TENDER SECTION
Market Overview: The company had floated an ocean billet export tender on 27 Jun’19 of quantity 50,000 MT. for sizes; 65*65, 77*77, 90*90 and 150*150 mm. The last date for bid submission was 02 Jul’19 till 15:00 hrs and the material delivery is scheduled by 10 Aug’19.
According to market sources report to SteelMint, the company has concluded 150*150mm billet at around USD 420-425/MT, FoB India.
Leave a Reply