India: RINL floats over 650,000 t iron ore purchase tender

Vizag Steel has floated two purchase tenders for 300,000 t of lumps (10-40 mm, Fe 61.5%) and 360,000 t of fines (Fe 61%) through railway rakes. The company intends to take the delivery of lumps and fines during 6 months and 3 months period on FOR VSP-RMHP basis on landed cost basis (inclusive of all royalties, taxes, duties, etc., freight and insurance but exclusive of GST).


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