RINL offered 15,550 MT of Billet to buyers in the international market, on February 16.
On account of no response from overseas buyers in the last week of February, the date of opening price bid was further extended to March 2.
The company has received a single bid for 5,500 MT of Billet from takers located in Nepal.
“It might take a couple of days more to take a decision whether we will finalize the Billet exports deal at low price,” said a senior official of the company.
Whereas, there was no response for the 10,000 MT Billet tender.
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