India: RINL floats buy tender for 500 t of ferro manganese

RINL has invited bids for procurement of 500 t (40-100 mm) of medium-carbon ferro manganese (Mn: 74% min) to be submitted by 14 Oct’21. The bid-offer validity is for 80 days from the bid end date. The highest-priced bid elimination is applicable for the reverse auction qualification rule. SteelMint’s daily ferro manganese index was assessed at INR 121,000/t exw-Raipur on 5 Oct.