MMTC, India’s largest international trading company on behalf of NINL, had finalized the export deal at USD 377.88/MT FoB Paradip port with Prime Carbon, a Switzerland based trading company.
The deal was concluded for May shipment that would probably take place in between 15-25 May, 2014.
On 17 Apr, 2014 MMTC had floated 30,000 MT Pig iron tender. The price bid opening was conducted on 30 Apr, 2014. Three participants namely Prime Carbon, MTPL & Stemcor were qualified through technical bid held on 29 Apr, 2014.
Prime Carbon GmbH was the highest bidder who quoted at USD 377.88/MT, followed by MTPL, a Singapore based trading company and subsidiary of MMTC, at USD 374.1/MT & Stemcor, a London based trading company, at USD 374/MT FoB Paradip.
Leave a Reply