India: Vizag Steel floats 240,000 t blooms export tender

Vizag Steel, an Indian state-owned steelmaker, has floated an export tender for 240,000 t blooms (150*150mm,3SP/4SP). The payment terms are- 90% advance of the tendered quantity. The delivery schedule is within four months, from the date of receipt of advance. The due date of the tender is 26 Apr ’21. The company has also scheduled a pre-bid virtual meeting on 15 Apr ’21. The company recorded a remarkable 261% y-o-y growth in the steel export sales of 1.3 mn t in FY ’21.