State
owned Pig Iron producer, Rashtriya Ispat Nigam Ltd (RINL) floats an
export tender of 30,000 tonnes steel grade in mid September.
Meanwhile, it has kept its prices unchanged for domestic steel mills at Rs
24,500/t (Ex-Works Vizag).
“Offers are expected to be stable for
September
but may fluctuate provided market conditions call for a change”, said a
senior official from the company.
Last tender was fetched at $410/t FOB Vizag port from a large UK based steel
trader, Stemcor.
Leave a Reply