Author: Nishtha Mukherjee
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India: SAIL Cancels Plate Export Tender on Expectation of Higher Bids
Steel Authority of India (SAIL), government owned and second largest steel producer had floated an export tender for 8,000 MT HR plates manufactured from its Rourkela Steel Plant. The bid due date for tender was 18 Aug’17. According to market sources report to SteelMint, the tender received bids at around USD 525/MT FOB for base…