RINL's Billet exports tender bids to open on Feb 23

On Feb 16, RINL floated 15,550 MT of Billet exports tender.

To buyers located in Nepal, RINL offered one/multiples of one rake of MMSM Billet.

Technical bids of 5,500 metric tons (minimum quantity is 2,750 MT in one rake) of 65*65/75*75/90*90 MM Size, Grade IS 2830 Gr.A Billet is to open at 3:30 pm today and price bids at 3:30 pm on 23rd.

Last date of delivery on ex-plant Vizag basis shall be Mar 20.

Another global tender for 10,000 MT  (minimum quantity is 5,000 MT) of similar material (length 12 mtrs, additional grade IS 2830 Gr.A, C20MMn and US$3/MT will be charged for 6 mtr length).