Neelachal Ispat looks to buy HC Ferro Manganese through MMTC 

Neelachal Ispat Nigam Limited (NINL), a Company promoted by MMTC Limited, Industrial Promotion and Investment Corporation of Orissa Limited (IPICOL) which has recently set up an Integrated 1.1 million ton capacity Iron and Steel Plant at Kalinga Nagar Industrial complex, Duburi, District Jajpur, Orissa, has floated a tender for purchase of 500 tons of High Carbon Ferro Manganese of grade 70% Mn, Carbon 6-8%

Current prices in domestic markets are hovering in the range of 

Ferro Silicon (70-75%)- Rs 66,000/t (Ex Guwahati)

Ferro Manganese (70%)- Rs 52,000-53,000/t (Ex Raipur/Durgapur)

Silicon Manganese (60/14)- Rs 51,000-51,500/t (Ex Raipur/Durgapur)

Last date of submission bids is 30th May 2013


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *