For Pig iron buyers located in the international market, Rashtriya Ispat Nigam Limited (RINL) has offered a total of 30,000 tons of Pig iron (steel) through an exports tender today.
Technical and price bids of the tender will be opened on March 6 and 7 respectively and delivery of the material is to take place by March 31.
In the last exports deal, RINL sold 30,000 tons of Pig iron to STX Corporation (South Korea) at $411/MT (INR 22,000) on February 13.
RINL's 30,000 tons of Pig iron taken by Prime Carbon GmbH and LG International each, in January, was sold out to China and Malaysia and to Vietnam, Indonesia and China respectively.
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