“RINL concluded 90,000 tons of Pig iron exports deal, 30,000 tons each at $396/MT with Prime Carbon GmbH (Switzerland), Stemcor (London) and LG International (South Korea).
Shipment is to take place in February.
PEC Ltd (New Delhi) is to lift 45,000 tons of Pig iron by Jan 31 and 55,000 tons by Feb 28, for the open domestic tender deal concluded.
RINL's current stock position for Pig iron is 130,000 tons”, confirmed reliable sources.
Another 30,000 tons Pig iron global tender has been floated by RINL with response expected above $407/MT FOB Vizag Port.
Technical bids and price bids of the tender is to open on Feb 9 and 12 respectively.
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