State-owned leading long steel producer Rashtriya Ispat Nigam Ltd (RINL), the corporate entity of Vizag Steel, has invited bids for procurement of 2,200 t (10-100 mm) of HC ferro chrome (60%) for six months (Oct’22-Mar’23). The last date for bid submission is 29 Aug’22. SteelMint’s weekly ferro chrome price assessment stood at INR 94,500/t exw-Jajpur on 25 Aug’22.

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