State-owned SAIL has issued a purchase tender for 210 t of HC ferro manganese (Mn70%, 10-30 mm) for its Alloy Steel Plant (ASP), Durgapur. The last date for bid submission is 6 Jan’23. A reverse auction will be conducted amongst all the technically-qualified bidders except the highest-quoting bidder. Ferro manganese (HC70%) prices were assessed at around INR 74,500/t exw-Durgapur on 26 December.
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