India: State-owned steel mill cancels billet export tender

A government-owned Indian steel mill had floated an ocean sale export tender for 30,000 t of steel blooms (150x150mm, 3SP/4SP grade) on FOB ST. delivery basis against an irrevocable letter of credit on payment-at-sight terms. The due date for the tender was 5 Nov’21. Due to limited participation, the tender has been cancelled, as per the latest reports available with SteelMint.


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