India: Vizag Steel Issues Another Notice for Spot Sale Export of 30,000 MT Blooms

Vizag Steel – a state owned steel maker state owned steel maker under the Ministry of Steel, has invited spot sale notice for export of 30,000 MT bloom in ocean market.

Due date : Customer who are interested for the material may send their requirement by 15:00 hrs. on 22 May’20.

Port of loading : Gangavaram port (GPL)’ only.

Destination: Any country other than Nepal & banned countries

Pricing/Quotation: USD/MT on FOB Stowed Gangavaram Port Limited (GPL), Visakhapatnam

Description of Material:

Product Size (mm) Chemical Composition Quantity (MT) Delivery
 BLOOM 150X150 3SP: C:0.14- 0.22; Mn:0.40-0.65; Si:0.15-0.30;P: 0.045 max; S: 0.045 max                                                                                                                                                                     4SP: C:0.17- 0.23; Mn:0.60-1.00; Si:0.15-0.30;P: 0.045 max; S: 0.045 max 30,000 By end of Jun’20

Note: Bidding quantity should be in multiple of 30,000 MT.

Following active Chinese buying and hike in Chinese domestic billet prices, Indian billet export prices have continued to witness an uptrend. SteelMint’s billet export assessment has increased to USD 375-380/MT, FoB India for 150*150mm.

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