AM/NS India floats 400 t ferro silicon purchase tender

ArcelorMittal Nippon Steel India (AM/NS India) has floated a purchase tender for 400 t of ferro silicon (Si-70%, size: 10-50 mm) for July delivery. The payment terms are 30 days credit or 100% CAD. The last date of bid submission is 27 November. According to SteelMint’s assessment on 18 November, ferro silico (Si-70%) prices were hovering at INR 122,000–125,000/t exw in Guwahati and Bhutan.