India: BHEL floats 40 t of ferro molybdenum purchase tender

Bharat Heavy Electricals Limited (BHEL), the corporate entity of Vizag Steel, has invited bids for procurement of 40 t (10-50 mm) of ferro molybdenum (60% min) for two months from the order date. The last date for bid submission is 27 Mar’23. SteelMint’s assessment of ferro molybdenum prices stood at INR 3,75,000/t exw-Nagpur on 15 Mar’23.