Metals & Minerals Trading Corporation (MMTC), a Government of India Enterprise invites tenders for purchase of imported Hard-coking Coal for (Neelachal Ispat Nigam Limited) NINL.
MMTC has floated the tender on behalf of NINL, one of India’s largest producers & exporters of Pig iron at Duburi (Odisha).
Supplier as well as Traders can participate in this tender.
Specification
- Washed Hard-coking Coal
- Size: 0-5 mm
- Moisture: 10-12% max
- Volatile matter: 20-32% max
- Ash: 8.5-10% max
Total Quantity: 20,000-30,000 MT +/- 5%
Delivery period
The entire cargo need to be delivered at NINL plant by 31st May, 2014.
Important Time & Dates
- Bid submission due date: before 13.30 hrs on 15 Mar, 2014
- Technical bid opening date: after 14.30 hrs on 15 Mar, 2014
- Price bid opening date: after 11.00 hrs on 16 Mar, 2014
Above tender is the first tender released by NINL in FY15 for Coking Coal. As the plant located in Jajpur district, Paradip is the nearest port to import. Company has imported around 0.7 MnT of Coking Coal in FY14 in Paradip Port.
Currently premium Hard-coking Coal is trading around USD 113-114/MT on FOB Australia and USD 129-130/MT CFR India. Market participants are keen to bid in above requirement.
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