State-owned Vizag Steel (RINL) has floated an ocean sale export tender for 20,000 t of prime rolled steel billet (90×90 mm, C20MMn Gr.A) on FOB ST delivery basis against irrevocable without recourse to drawer international letter of credit payable at sight terms. The last date for bid submission is 26 Jul’24 and delivery is scheduled for 31 August. India’s billet exports stood at 32,175 t in Jun’24.
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