MMTC has offered Basic grade Pig Iron to overseas buyers through an export tender, on behalf of NINL – a Public sector undertaking and India's largest exporters of Pig iron since 2004-05.
In an article posted on October 24, SteelMint mentioned that a 60,000 MT Pig iron tender might be floated by the company in the current week itself, for delivery schedule in the 2nd half of November.
Specification:
- C : 3.6 – 4.3%
- Si : Up to 1.24 %
- Mn : < 1%
- S : 0.05% Max
- P : 0.15% Max
Quantity:
- 1st lot: 30,000 MT (+/-) 5%
- Optional lot: 30,000 MT (+/-) 5% (optional lot at seller's option)
Shipment Period:
- 2nd lot: During 25 November, 2013 to 10 Dec, 2013
- Optional lot: During 20 December, 2013 to 31 Dec, 2013
Offers to be kept valid for acceptance:
Till 17:30 hrs IST of 14 Nov, 2013
Important Time & Dates:
- Submission of technical and Price bids: 1430 hrs IST on 06 Nov, 2013
- Technical bid opening date: 1500 hrs IST on 06 Nov, 2013
- Price bid opening date: 1500 hrs IST on 07 Nov, 2013
MMTC might offer the optional quantity first to H-1 bidder at H-1 prices and in case of non acceptance, it might offer to H-2, H…n bidder in order of rank at H-1 prices.
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