Khouzestan Steel Company, one of the largest steel exporter of MENA invited bid for sale of 30,000 MT steel billet in Iran for end of May’18 shipment. The due date for bid submission is expiring today i.e. 09 Apr’18 till 18:00 hrs Iranian Standard Time via email.
Payment term as stated by company is 20% Cash advance payment and balance 80% has be paid Cash against Cargo readiness issued by seller prior to the loading.
Details:
| Commodity | Billet |
| Shipment | End of May’18 |
| Description | Prime Con-cast Steel billet |
| Quality/Grade | 3SP, 5SP, St-44, ASTM A36, SS400, ASTM A615 Gr.40, ASTM A615 Gr.60 as per KSC ability |
| Quantity | 30,000 MT |
| Packing | Loose |
For contact details and other information view TENDER SECTION
Last month KSC concluded n export tender of 30,000 MT. As per market source, export tender for billet was concluded at USD 535/MT FOB Iran. Destination for billet export tender is GCC region. Quantity of billet offered by KSC for delivery increased to 60,000 MT as against initial offering of 30,000 MT in tender notice.
KSC Buys 67% Stake in Mining Holding
Khouzestan Steel Company, the largest steel Iran has recently bought 67% stake in National Industrial and Mineral Development Company, a subsidiary of Bank Melli’s investment arm Tosee Melli Group Investment Company, worth a total of 12.4 trillion rials ($258.5 million). The shares were put up for auction by TMGIC.
Leave a Reply