India: SAIL invites Global Tender for Scrap Procurement

Steel Authority of India Limited (SAIL), India’s one of the largest steel producer company, invites global tender from Indian as well as overseas suppliers for supply of HMS 1 for its Salem Steel Plant (SSP) in Tamil Nadu (India).

Tender will be based on Reverse Auction (RA).

General Conditions

  • SSP reserves the right to place order on FOB or CFR basis, loaded only in container
  • Quoted rate should be on CFR Chennai basis (including handling costs) in USD/MT

Country of Origin: US/UK/Any European Country/Australia/Japan/South Korea/India/Singapore/Taiwan

Purchase Preference: PSUs & JVs shall be given as per existing guide lines of Government of India/SAIL.

Bidders Criteria

  • Bidder should have past record of supplying 3,000 MT of Mild Steel Scrap (HMS-1)  in any one of last three preceding year i.e. 2011-13 or current calendar year till Feb’14
  • Authorized Indian Central PSU trading house of overseas suppliers shall be eligible with authorized document; high-sea sales will not be considered
  • If Indian agent submits bid on behalf of foreign principle and  the offer is directly submitted by the foreign principal against this tender then foreign principle offer shall be considered

Specifications

  • MS Scrap: HMS-1 ISRI 201
  • Iron & Steel Scrap of ¼ inch pieces not over than 36×18 inches (Charging Box Size)

Quantity: 10,000 MT +/-5%

Delivery: 3,300 MT per month

Delivery Schedule: As per SSP schedule

Important Time & Dates

  • Bid submission due date: 15.00 hrs IST on 26 Jun, 2014
  • Techno commercial bid opening date: 10.00 hrs IST on 27 Jun, 2014

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