Iron_Pellet_Coastal_Movement

India: Essar Steel awaits firm Price Bids for Lump Purchase Tender

Essar Steel, having a 10 MnT pa integrated steel plant capacity at Hazira, Gujarat in West Coast of India, had floated an Iron ore lump purchase tender in Dec’14.

Essar Steel had floated the tender to purchase 3 MnT Iron ore lump for a period of 1 year on FOBST/CFR basis.

Specifications 

Particular

Material 1

Material 2

Fe content 65% min 64% min
Moisture 2% max 2% max
Size +6.3-40 mm +8-40 mm
Quantity 1.5 MnT 1.5 MnT


“Essar is yet to receive any firm bid from international suppliers as the latter didn’t turn up this time. The steelmaker is to take a call on the new date for tender bid submission by overseas exporters”, 
according to sources.

Mine owners and producers were invited to supply haematite Iron ore lump for 1-year, delivery starting from Apr’15 onwards. Prices should be in USD/MT on FOBST/CFR basis for each selected grade of Iron ore.

The total requirement of Iron ore lump at its integrated steel plant is around 3.6 MnT pa. Last date for bid submission was 15 Jan, 2015 at 17.00 hrs.

Essar Steel procures Fe 64% Iron ore fines from NMDC’s Chhattisgarh mines. The company has a 8 MnT pa beneficiation plant at Kirandul. The material is pumped as slurry through a 267 km pipeline to Vizag.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *