MMTC- India’s largest and state-owned trading house, had floated export tender of 30,000 MT non-alloy Pig Iron on behalf of Neelachal Ispat Nigam Limited (NINL). The due date for submission of bids was 7 Mar’19. According to market sources report to SteelMint, the company has canceled the tender amid low response and has floated a fresh tender of the same quantity. The due date for submission of bids is 14:30 hrs on 26 Mar’19 and bid validity is till 2nd Apr’19. The shipment is scheduled between 10th-20th April 2019 from Paradip port.
Specifications:
C: 3.6-4.3%
Si: up to 1.24%
Mn < 1%, S: 0.05% max
P: 0.15% Max.
For contact details and other information view TENDER SECTION
Global pig iron market overview – Pig iron export offers from CIS nations currently assessed at USD 345/MT, FoB Black Sea. Export offers from Brazil are assessed at USD 335/MT, FoB Brazil.
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