The integrated steel manufacturer in Odisha, Neelanchal Ispat Nigam Ltd (NINL) has restored the sales of coke breeze produced in its coke ovens.
The sales price has been revised and it involves a hefty cut against the prices last announced in Nov’19.
The coke breeze has a lower fixed carbon content compared to the premium products, LAM coke and Nut coke and thus it is majorly used in sinter plants.
The specification of NINL’s coke breeze are tabulated below.
| Size | Moisture | Ash | Volatile Matter | Fixed Carbon |
| 1-10 mm | 2% (max) | 18% (max) | 2% (max) | 80% (min) |
Pricing summary
The company has offered coke breeze in three lots differentiated by quantity. The applicable sales price and booking terms are mentioned below.
| Quantity Offered | Price | Booking Terms |
| Up to 3,500 MT | 9000 | 25% advance along with full payment for 1000 MT |
| 3,500-6,000 MT | 8000 | 25% advance along with full payment for 2000 MT |
| Above 6,000 MT | 7000 | 25% advance along with full payment for 3000 MT |
Prices quoted on Ex-Plant basis in INR/MT
Remaining balance to be paid within validity of price circular
While the sale price for purchase up to 3,500 MT has been fixed at INR 9000/MT; bulk purchase above 6,000 MT avails a discount of INR 2,000/MT.
In wake of the dull market conditions, the latest rates have been reduced up to INR 3000/MT against last revision in which bulk purchase was offered at INR 10000/MT.
NINL has highlighted that the dispatch against delivery order would be initiated upon receipt of 100% payment in advance. The price circular is valid till 18 May’2020.
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