Metals & Minerals Trading Corporation of India (MMTC), a Government of India Enterprise, invites short term global e-tender for sale of basic grade Pig iron produced by NINL from overseas buyers.
MMTC floats this tender on behalf of Neelachal Ispat Nigam Limited (NINL).
The company 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 (FOB Stowed and Trimmed) Paradip port basis
Specifications
- C: 3.6-4.3%
- Mn: Less than 1%
- Si: Upto 1.24%
- S: 0.05% Max
- P: 0.15% Max
- Weight: 15-20 Kg
Quantity
The offer consists of two lots, first lot is a firm lot of 30,000 MT (+/- 5%) and second lot of 30,000 MT is an optional lot at seller’s end.
Shipment Period: Apr-May, 2014
Delivery/Shipment
Buyers can nominate their vessels for delivery with the acceptance to seller as per the terms & conditions
Destination: Any Country (other than banned Countries)
Important Time & Dates
- Bid submission due date: 14.30 hrs IST on 09 Apr, 2014
- Opening of technical bid: 15.00 hrs IST on 09 Apr, 2014
- Opening of price bid: 15.00 hrs IST on 11 Apr, 2014
Bidder may quote unit price on FOBST Paradip port basis in the price bid format.
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