VIZAG STEEL PLANT

India: Vizag Steel Floats Billet Export Tender for Nepal

Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel is one of India’s largest steel producer, which produces around 3.5-4 MnT crude steel annually.

It is a Navratna PSE under the ministry of steel, has invited a tender for export of 11,008 MT billet to Nepal. The minimum offered quantity is 2,752 MT
.
As per the delivery schedule, last date of delivery period shall be 15 Aug’17.

The offer given by the bidder will remain valid till 19 Jul’17.

Specification:

Product

Size (mm) Grade

Quantity (MT)

Billet 65×65, 75×75 & 90×90 IS 2830, IS2830 C20MMn 11,008 +/- 10%

The length of the billet is 12 meters approximately and packaging will be in bundles/loose.

Vizag Steel’s last tender for export of 90*90mm billet to Nepal had its bid submission due date on 20 Jun’17. As per market sources, 90*90 mm billet was sold at above USD 400/MT (ex-mill).


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