State-owned Vizag Steel has floated four ocean sale export tenders for 15,000 t of billets (90x90mm), 10,000 t of wire rod coils (5.5-16mm), 30,000 t of steel blooms (150x150mm) and 40,000 t of basic grade pig iron. The due date for the billet and wire rod tenders is 25 May, while that for the bloom and pig iron tenders is 24 May. The delivery for billets and blooms is scheduled by end-June and for wire rod and pig iron by 5 July and 10 July, respectively.
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