India: SAIL offers 38,000 MT Pig Iron through Open Offer

SAIL is offering approx 38,000 MT Pig iron (basic grade) for sale from Rourkela Steel Plant (RSP) through its open offer.

RSP, a unit of SAIL, intends to sale approx 38,000 MT basic grade Pig iron on ‘As is Where is’, ‘No Complaint’ & ‘First-cum-First Serve’ basis by road & rail against 100% advance payment. Interested participants can buy minimum quantity of 50 MT or its multiple for delivery through road and a minimum of one rake in case of delivery by rail.

In the previous SAIL’s open offer dated 19 Dec’14, the company has offered basic grade Pig iron at INR 21,200/MT & INR 21,300/MT delivered by road & rail respectively.

Specification
Grade: Basic

Total Quantity: 38,315 MT approx
PCM-I: 17,430 MT (+/- 20%) approx
PCM-II: 20,885 MT (+/- 20%) approx

Applicable Quantity Discounted Prices 

Quantity Purchase Discounted Price (By Road) Discounted Price (By Rail)
Up to 249 MT 20,700 No Discount
250 to 499 MT 20,650 No Discount
500 to 999 MT 20,600 No Discount
1,000 to 1,999 MT 20,500 No Discount
2,000 to 3,499 MT 20,300 20,400
3,500 to 6,999 MT 20,100 20,200
7,000 MT & above 20,000 20,100

Discounted Price in INR/MT
Price mentioned above is exclusive of taxes & duties and will be applicable as on dispatch date.

Loading
For Road delivery:
Loading shall be done by the concerned party with its own labor & equipment.
For Rail delivery: Loading shall be done by RSP at free of cost.

Important Date

  • Booking period: Till 12 Jan’15
  • Sale period: 05 Jan’15  to 28 Feb’15

Other Steel giant’s Pig iron Prices

RINL has reduced Pig iron prices by INR 1,000/MT and currently offering Steel grade Pig iron at INR 21,300/MT (ex-Vizag) in domestic market.
NINL has reduced Pig iron prices by INR 500/MT and currently offering Pig iron at INR 20,700-20,900/MT (ex-Cuttack).


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