Rashtriya Ispat Nigam Limited, which produces 224,000 MTPA Pig iron (steel) currently, is expected to increase it in FY 2013-14.
It has offered 30,000 tons of Pig iron (Si 0.05%) today to overseas buyers.
Technical and Price bids: To be opened on 22nd and 24th at 15:30 HRS IST
Last date of delivery: May 31 Vizag Port basis
RINL has not been offering Pig iron from mid-March and might start with the same after April 20.
On March 7, it closed 60,000 tons Pig iron exports deal at $403.02/MT FOB with Stemcor (London) and LG International (South Korea) , shipment of which is in process.
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