Rashtriya Ispat Nigam Limited (RINL) has issued an export tender for various steel products. The company is offering about 102,000 MT of Steel products to export during Mar’15. Also, this tender is open for all nations, except for the banned countries. Material will be delivered till 31 May’15 at FoB Visakhapatnam or Gangavaram Port on direct export basis.
Material Description
| Material Name | Size (mm) | Length
(m) |
Grade | Qty (MT) | Min Quoted Qty (MT) |
| Billet | 65×65/ 75×75/ 90X90 |
12 | IS 2830 Gr. A/ IS 2830Gr. A, C20MMn |
10,000 | 5,000 or multiples of 10,000 |
| Rebar | 16 to 32 | 12 | IS 1786–2008 Fe 500 | 6,000 | 2,000 or multiples of it |
| Wire Rod Coils | 5.5 & 6.5/ Coil Weight: 1.2 MT |
– | SAE 1008 DQ/ IS7887 |
6,000 | 2,000 or multiples of it |
| Blooms | 150X150/ 200X200 |
12 | IS2830 Gr.A/ IS2830Gr. AC20MMn |
80,000 | 5,000 or multiples of it |
Last date for bid submission is on 18 Mar, 2015 at 15.00 hrs and technical bids will open on the same day at 15.30 hrs.
Global Billet Prices (in USD/MT) as on Week 09 ( 23 Feb-01 Mar, 2015)
| Particular | Grade | Delivery | Price | W-o-W | M-o-M |
| India Export | Commercial | FoB India | 390 | 0 | – 15 |
| CIS Export | Commercial | FoB Black Sea | 350 | -7.5 | – 40 |
| Turkey Import | Commercial | CNF Turkey | 390 | -10 | -40 |
In the previous tender dated 22 Jan’15, the company has offered 10,000 MT Billet, 75,000 MT Bloom, 6,000 MT Wire rod coil and 6,000 MT Rebar to export. Technical bids were scheduled to opened on 11 Feb’15.
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