India: MMTC Increase Tender Quantity to 37,000 MT for Iron Ore Fines Purchase

India: MMTC Increase Tender Quantity to 37,000 MT for Iron Ore Fines Purchase

MMTC, a leading international trading company in India and one of the major global players in minerals trade, had issued a tender for purchase of 20,000 MT (approx) iron ore fines (0-10 mm) for supply to Neelachal Ispat Nigam (NINL) Plant at Duburi, Odisha on 17th Jul’17, however through a corrigendum the company have notified that it has increased the iron ore fines purchase quantity to 37000 MT, 10 rakes which was earlier 5 rakes with the quantity of 20,000 MT.

The bidders have to quote F.O.R price per WMT basis. Tender Price will remain valid for 30 days for acceptance by MMTC.

Specifications:

1. Fe content – 62% basis
2. Sio2 – 3% max
3. Al2O3 – 4% max
4. Moisture – 8% max
5. Sulphur – 0.02% max
6. Phos – 0.055% max

Tender schedule (IST)

Bid submission due date: 25 Jul’17 at 13:30 hrs
Technical bid opening: 25 Jul’17 at 15:30 hrs following which price bids of technically qualified bidders will be opened subsequently.


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