Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, has invited tender for export of 5,418 MT Billets and 8,127 MT Blooms to Nepal. The minimum offered quantity for each product is 2,709 MT. Interested bidders can submit their bids till 15 Nov’18 at 15:00 hrs.
As per the delivery schedule, last date of delivery period shall be 15 Dec’18.The offer given by the bidder will remain valid till 22 Nov’18.
Specification:
| Product | Size (mm) | Grade | Quantity (MT) |
| Billet | 90 * 90 | IS 2830 C20MMn | 5,418 |
| Bloom | 150 * 150 | 2,709 | |
| IS 2830 | 5,418 |
For contact details and other information view TENDER SECTION
Company cancelled previous billet export tender to Nepal – The company had floated billet (90*90mm) billet export tender to Nepal for quantity of 4 rakes (10,836 MT). Tender due date was 30th Oct’18. According to sources report to SteelMint, the tender received weak response and the highest (H1) bid for export tender was reported at around USD 475/MT (ex-mill). Amid lower bids received than expectations, company has cancelled the tender.
Presently Indian induction grade billet export offers to Nepal are assessed around USD 465-470/MT (ex-mill, Durgapur). However buying interest remains low at these levels.
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