Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel is a navratna PSE under the ministry of steel has invited a global tender for purchase of 180,000 MT low ash metallurgical coke at Visakhapatnam, India.
Validity: Offer valid for acceptance for a period of 120 days from the actual date of tender opening.
Specification:
| Technical Parameters | Value |
| Total moisture | 10% max |
| Volatile matter | 1.5% max |
| Ash | 13.5% max |
| Sulphur | 0.60% max |
| Phosphorus | 0.035% max |
| M10 | 8.0% max |
| M40 | 80.0% min |
| CSR | 62.0% min |
| CRI | 22% min-26% max |
Successful Tenderer shall complete the delivery of the Ordered Quantity in a period of Three (3) months from the date of Letter of Intent (LOI). Minimum 30,000 MT quantity are required to quote by a bidder.
Tender Schedule: The due date for bid submission is 30 Apr’19 till 10:30 Hrs
Market sentiments:
Global met coke prices are currently stable at USD 322/MT, FOB China (64% CSR) after a continuous fall of around USD 38/MT, FoB China in the month of Mar’19. Prices declined on account of weak demand and few government tax regulations. However, now as the prices are stable, few buying interests are seen in the international market as prior, buyers were reluctant to strong positions in the fluctuating market.
For contact details and other information view TENDER SECTION
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