Rashtriya Ispat Nigam Ltd (RINL),a state owned primary steel producer has opened a sealed tender for export sale of MS Billets and Wire Rod to Nepal for around 10,000 metric tonnes (incld both).
Offer is valid up to 9th January 2013 and delivery will be completed by 10th February 2013, highlight company officials.
Current prices in Indian market are around Rs 33,500/t ( $610/t, Ex Works Vizag) 125*125 Billet of IS 2830 grade and wire rod is offered at Rs 40,000/t ($730/t ,Ex-Works Vizag).
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