MMTC, a leading international trading company in India and one of the major global players in minerals trade, has invited a global tender from interested overseas buyers for sale of 40,000 MT retrieved iron ore lumps from Vizag port, India.
Interested parties can submit the tender till 1 May’17.
Bidders shall keep their bids valid for a period of 10 days from the date of closing of the tender.
Specification
Iron (Fe): 63% basis
Alumina (Al2O3): 3.5% max
Silica (SiO2): 5% max
Phosphorous (P): 0.05% max
Sulphur (S): 0.02% max
Moisture: 8% max
Eligibility criteria
1. Minimum net worth of the bidder should be USD 10 million on the closing date of the last financial year.
2. Average annual turnover of the company during the last three completed financial years should be minimum USD 100 million.
3. Bidders are required to submit latest positive bank reference report, in original.
As per delivery schedule, successful bidder can take the delivery of material within 21 days from acceptance of the bid.
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