SAIL has floated a global tender for export of 15,000-20,000 MT prime mild steel non-alloy concast billet.
The material to be exported will comprise of size 150 *150 mm. Export duty as applicable in sellers country shall be borne by the seller and other duties payable shall be borne by the buyer. Bids for the same will be open on 06 June’16.
Two grades of concast billet have been offered in the tender:
| Particulars | Billet Type 1 | Billet Type 2 |
| C | 0.17-0.23% | 0.17-0.25% |
| Mn | 0.60-1.0% | 0.6-1.0% |
| S | 0.05% max | 0.04% max |
| P | 0.05% max | 0.04% max |
| Si | 0.10% min | 0.10% min |
Prices should be quoted on FoB Haldia basis. Also, on the closure of deal with the concerned party, the shipping of the material will commence from 30 Jun’16. Prices are to be quoted per MT basis for all the markets.
Last export tender failed to receive bids
Company’s last export tender, which closed on 11 May’16, for 10,000 MT billet (125*125 mm) failed to receive a response. However, prior to this, company’s 10,000 MT billet (150 * 150 mm) export tender closed on 03 May’16 was concluded at around USD 385-387/MT, FoB Haldia Port by Nucor Trading. Cargo shipped to the Middle East.
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