RINL has floated a tender for export of various steel products including Billet, Blooms, Rebar and Wire Rod coils. The company is offering a total quantity of 102,000 MT to African, ASEAN (Association of Southeast Asian Nations) and Middle East countries.
Material Description
| Material Name | Size (mm) |
Length (meter) | Grade | Qty (MT) |
Min Quoted Qty (MT) |
| Billet | 65×65/ 75×75/ 90X90 |
12 | IS 2830 Gr. A/ IS 2830Gr. A, C20MMn |
10,000 | 5,000 or multiples of 5,000 |
| Rebar | 16 to 32 | 12 | IS 1786–2008Fe 500 | 6,000 | 2,000 or multiples of 2,000 |
| Wire Rod Coils | 5.5 to 6.5/ Coil Weight: 1.2 MT |
– | SAE 1008 DQ / IS7887 | 6,000 | 2,000 or multiples of 2,000 |
| Blooms | 150X150/ 200X200 |
12 | IS2830 Gr.A/ IS2830Gr. AC20MMn | 80,000 | 5,000 or multiples of 5,000 |
Quotations should be given in USD or INR. The delivery of material will be till 20 May, 2015 at FOB Vishakhapatnam or Gangavaram Port on direct export basis.
Deadline for submission of bids will be till 26 Mar, 2015 at 15.00 hrs and technical bids will open on the same day at 15.30 hrs.
Global Billet Prices (in USD/MT) as on Week 11 ( 09 Mar-15 Mar, 2015)
| Particular | Grade | Delivery | Price | W-o-W | M-o-M |
| India Export | Commercial | FoB India | 390 | 0 | – 10 |
| CIS Export | Commercial | FoB Black Sea | 360 | 0 | 0 |
| Turkey Import | Commercial | CNF Turkey | 380 | 0 | 0 |
Other Tenders
Another export tender dated 26 Feb, 2015 for export of 90,000 MT (10,000 MT Billet and 80,000 MT Blooms) to other countries is expecting to close on 18 Mar, 2015.
Last export tender for 100,000 MT (20,000 MT Billet and 80,000 MT Blooms) export especially for African, ASEAN and Middle East countries was closed on 27 Jan, 2015.
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