India: Vizag Steel Issues 25,000 MT Pig Iron Export Tender

Vizag Steel, a leading state owned Pig iron producer and exporter, has issued an export tender of 25,000 MT basic grade steel making Pig iron for any country other than Nepal. This tender is due on 20 Dec’18.As per the delivery schedule, last date of delivery period shall be 31 Jan’19. The offer given by the bidder will remain valid till 27 Dec’18.

Specification:
Carbon: 3.5-4.8 %
Manganese: 0.50% max
Silicon: 1.5% max
Phosphorus: 0.18% max
Sulphur: 0.06% max

The bidders have the option to quote for shipment only from Ganagavaram port (GPL).

For contact details and other information view TENDER SECTION

MMTC’s 30,000 MT Pig iron export tender expired today – MMTC- India’s largest and state owned trading house, had floated export tender of 30,000 MT non-alloy Pig Iron on behalf of Neelachal Ispat Nigam Limited (NINL). The due date for submission of bids was 14:30 hrs on 17 Dec’18.

Global Pig iron market turns weak – CIS pig iron export offers are heard at USD 350/MT, FoB Black Sea, down by USD 5-10/MT W-o-W. Pig iron export offers from Brazil were also heard to have come down to USD 340-345/MT, FoB Brazil. Amid weakening global scrap prices, global pig iron market is expected to remain bearish.


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