Metals & Minerals Trading Corporation of India (MMTC), a Government of India Enterprise invites short term global e-tenders from overseas buyers for sale of basic grade Pig iron, produced by Neelachal Ispat Nigam Limited (NINL).
MMTC floats this tender on behalf of NINL.
MMTC may offer the optional quantity first to the highest bidder (H-1) at price quoted by him. In case of non acceptance from H-1, company may offer the product to second highest bidder (H‐2). However, in case of non acceptance from H-2, the offer will roll over to the next bidder and continue up to H-n bidders in order of their rank at the highest quoted price by H-1.
Delivery: FOBST Paradip port basis
Specifications
- C: 3.6 – 4.3%
- Mn: less than 1%
- Si: up to 1.24%
- S: 0.05% Max
- P: 0.15% Max
- Weight: 15-20 Kg
Quantity: 30,000 MT (+/- 5%)
Shipment period: During first week of March, 2014
Delivery/Shipment: Buyers can nominate their vessels for delivery with the acceptance to seller as per these terms & conditions.
Destination: Any Country (other than banned Countries)
Important Time & Dates
- Bid submission due date: 12.00 hrs IST on 18 Feb, 2014
- Opening of technical bid: 12.30 hrs IST on 18 Feb, 2014
- Opening of price bid: 15.00 hrs IST on 18 Feb, 2014
Bidder may quote unit price on FOBST Paradip Port basis in the price bid format.
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