Vizag Steel floats an export tender of 30,000 tons steel grade Pig Iron on the 20th of Sep which will be valid till the 10th of Oct.
“We expect a better offer this time as last two deals of the same quantity were finalised at $410/t. Presently, we are busy with the shipment of the deal concluded in August and shipment of this months deal will take place in October”, said a senior official at RINL.
“We are concentrating on exports also as domestic demand is not good. It will all depend on the result of upcoming export tender and domestic market scenario next month if our prices for October will be lowered or not”, he added.
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