India: RINL floats 1,600 t ferro chrome purchase tender

Rashtriya Ispat Nigam Ltd. (RINL) has issued a purchase tender for 1,600 t of high carbon (HC) ferro chrome (Cr: 57-63%, C: 6-8%, 10-100 mm) for its Visakhapatnam Steel Plant. The last date for submission of bids is 26 Feb. BigMint assessed HC ferro chrome (Cr: 60%, C: 8.5%, 10-150 mm) prices at INR 121,000/t exw-Jajpur on 21 Feb.