The company has issued this export tender for 70,000 MT billet/bloom for ASEAN, African and Middle East countries after a period of six months.
Vizag Steel, after six months, has floated a tender for export of 30,0000 MT billet and 40,000 MT bloom to African, ASEAN (Association of Southeast Asian Nations) and Middle East countries. In addition to this, the company also intends to export few structural items. The scheduled technical bids will open on 03 July’15.
The delivery of material will be till 10 Sep’15 at FOB Visakhapatnam Port or Gangavaram Port on direct export basis. Deadline for bid submission is till 09 July’15 at 15.00 hrs and technical bids will open on the same day at 15.30 hrs.
Another export tender for 30,000 MT billet and 40,000 MT bloom is in pipeline. The tender has been scheduled to open on 25 Jun’15.
Global Billet Prices (in USD/MT) as on Week 23 (08-14 June’15)
| Particular | Grade | Delivery | Price | W-o-W |
| India Export | Commercial | FoB India | 395 | 0 |
| CIS Export | Commercial | FoB Black Sea | 365 | -5 |
| Turkey Import | Commercial | CNF Turkey | 390 | 0 |
Prices in USD/MT
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 |
30,000 | 5,000 or multiples of it |
| Rebar | 16 to 32 | 12 | IS 1786–2008Fe 500 | 6,000 | 2,000 or multiples of it |
| Wire Rod Coils (WRM 1) |
5.5 to 6.5/ Coil Weight: 1.2 MT |
– | SAE 1008 DQ / IS 7887 | 6,000 | 2,000 or multiples of it |
| Wire Rod Coils (WRM 2) |
5.5 to 7/ Coil Weight: 2 MT |
– | SAE1008 | 10,000 | 2,000 or multiples of it |
| Blooms | 150X150 | 12 | IS2830 Gr.A/ IS2830Gr. AC20MMn |
40,000 | 5,000 or multiples of it |
| Rounds | 16 to 80 | 12 | IS 2062 | 6,000 | 2,000 or multiples of it |
| Angle | 75X75 / 90X90 / 100X100 / 110X110 |
12 | IS 2062 : E250 A6 | 6,000 | 2,000 or multiples of it |
| Channel | 100X50 / 125X65 / 150X75 / 200X75 |
12 | IS 2062 : E250A | 6,000 | 2,000 or multiples of it |
Source: SteelMint Research
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