“Response for the 30,000 tons steel grade Pig Iron export tender floated by RINL was not good today.
Only a single buyer is interested to lift the material below $410/MT FOB Vizag Port”, confirms a senior official at the company.
He also said that the management is yet to decide on the same as the couple of last Pig Iron exports deal of the same tonnage was concluded at $410/MT FOB Vizag Port.
Due to no response on the 3rd and 15th of October previously, RINL extended the date to October 26 for the tender floated on the 20th of September.
Leave a Reply