RINL’s last export tender for 80,000 MT Blooms and 20,000 MT Billet closed on 18 Dec’14 had failed to receive bids. So, the company has issued a fresh tender expiring on 09 Jan, 2015.
Quantity has been reduced to 85,000 MT (75,000 MT Blooms & 10,000 MT Billet) from 100,000 MT (80,000 MT Blooms & 20,000 MT Billet), which was offered in the last tender dated 27 Nov, 2014. In addition, the last tender was for African, Middle East and ASEAN countries. Whereas, this tender is open for all countries other than banned countries.
Global Billet Prices (in USD/MT) as on Week 51 (15-21 Dec, 2014)
| Particular | Grade | Delivery | Price | W-o-W | M-o-M |
| India Export | Commercial | FoB India | 435 | 0 | – 45 |
| CIS Export | Commercial | FoB Black Sea | 405 | +12.5 | – 45 |
| Turkey Import | Commercial | CNF Turkey | 428 | +5.5 | – 47 |
Material Description
| Material Name | Size (mm) | Length(meter) | 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 1786–2008Fe 500 | 6,000 | 2,000 or multiples of 2,000 |
| Wire Rod Coils | 5.5 to 10/ Coil Weight: 1.2 MT |
– | SAE 1008 DQ / IS7887 |
6,000 | 2,000 or multiples of 2,000 |
| Blooms | 150X150/ 200X200 |
12 | IS2830 Gr.A/ IS2830Gr. AC20MMn |
75,000 | 5,000 or multiples of 5,000 |
The delivery of material will be till 28 Feb, 2015 at FOB Visakhapatnam Port or Gangavaram Port on direct export basis.
Deadline for bid submission will be till 09 Jan, 2015 at 15.00 hrs and technical bids will open on the same day at 15.30 hrs.
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