Steel Authority of India Limited (SAIL), a Government of India Enterprise, is offering Pig iron (basic grade) for sale from Rourkela Steel Plant (RSP) through its open offer.
SAIL is offering 5,000 MT Pig iron at INR 24,000/MT (ex-Rourkela), which is available for sale on “As is Where is” and “No Complaint” basis against 100% advance payment by Rail/Road.
Specification
Grade: Basic
Total Quantity: 5,000 MT
PCM-II: 5,000 MT (+/- 20%) approx
Price
PCM-II: INR 24,000/MT
Given prices are exclusive of taxes & duties and will be applicable as on dispatch date.
Minimum Booking Quantity: 50 MT or its multiple for road dispatch. Whereas, for rail it should be full rake load
Loading
- Loading shall be done by RSP and free of cost in case of rail delivery. However, railway freight to be paid before issue of release order
- Loading shall be done by the concerned party with its own labor & equipment for which loading charges shall be declared along with application for charging service tax. Road delivery procedure at RSP shall be applicable
Important Date
- Booking period: Till 05 Sep, 2014
- Sale period: 06 Sep to 06 Oct, 2014
Dispatches will be against 100% advance payment.
Recently, Neelachal Ispat has also revised its Pig iron offers for the domestic market; selling Steel grade Pig iron in the range of INR 22,900-23,100/MT (ex-Cuttack) with a price correction of INR 500/MT. This time the company is not offering any discount for bulk purchase, same as RSP. Witnessing sluggish demand in market, other Pig iron manufacturers have also reduced their offers by upto INR 500/MT.
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