India: RINL floats 1,020-t ferro chrome purchase tender

Rashtriya Ispat Nigam Ltd. (RINL) has issued a purchase tender for 1,020 t of high carbon (HC) ferro chrome (Cr: 57-63%, C: 8%, 10-30 mm) for its Visakhapatnam Steel Plant. The last date for submission of bids is 21 Oct. BigMint assessed HC ferro chrome (Cr: 60%, C: 8.5%, 10-150 mm) prices at INR 120,400/t exw-Jajpur on 10 Oct.