MMTC, India’s largest and state owned trading house, has today floated an export tender of 30,000 MT Pig Iron. The due date for submission of tender is 14:30 hrs on 15 Jun’17. The material is produced by Neelachal Ispat Nigam Limited (NINL), Duburi, Odisha, India.
Synopsis of the fresh tender issued
Quantity: 30,000 MT
Loading port: Paradip Port, India
Shipment period: During 26 Jun’17-6 Jul’17
Delivery basis: FOBST Paradip Port
Destination: Any country other than banned countries
Prior to this, the company had issued tender for 30,000 MT pig iron export on 22 May’17. The due date for the same was 02 Jun’17. As per the reports of market participants, the tender managed to receive four bids with H1 bid at around USD 305-307/MT. The company is yet to conclude the tender.
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