Rashtriya Ispat Nigam Limited (RINL) offered a small quantity of steel grade Pig iron to domestic buyers, from its Ludhiana branch sales office.
A total of 4,000 MT of Pig iron with low silicon percentage (below 1.25%) had been offered through an open tender as the company is looking to liquidate their stock (Pig iron) before the 31st of March.
“The tender received bids below our expectation and management is yet to take a decision about finalizing the tender, by March 25 (Monday)”, said a senior company official.
Loading charges to be borne by VSP.
The open tender is valid up to March 31.
Leave a Reply