India: MMTC tenders for Export of Pig Iron

Pig-IronMetals & Minerals Trading Corporation of India (MMTC) invites global tenders for sale of basic grade Pig iron produced by NINL from overseas buyers, after finalization of its last export tender with Switzerland based buyer.

MMTC floats this tender on behalf of Neelachal Ispat Nigam Limited (NINL).


Specifications

  • C: 3.6-4.3%
  • Mn: Less than 1%
  • Si: Upto 1.24%
  • S: 0.05% Max
  • P: 0.15% Max
  • Weight: 15-20 Kg

Quantity
The offer consists of two lots, first lot is a firm lot of 30,000 MT (+/- 5%) and second lot of 30,000 MT is an optional lot at seller’s end.

Delivery: FOB Stowed & Trimmed (FOBST) Paradip port basis

Shipment Period: 10-20 Jun, 2014

Shipment
Buyers can nominate their vessels for delivery with the acceptance to seller as per the terms & conditions

Destination:  Any Country (other than banned Countries)

Important Time & Dates

  • Bid submission due date: 14.30 hrs IST on 27 May, 2014
  • Opening of technical bid: 15.00 hrs IST on 27 May, 2014
  • Opening of price bid: 15.00 hrs IST on 28 May, 2014

Bidder may quote unit price on FOBST Paradip port basis in the price bid format.

Note: MMTC had floated its last tender on 29 Apr, 2014 for 30,000 MT which was finalized at USD 377.88/MT FoB Paradip port basis with Prim Carbon based at Switzerland.


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