SAIL, India’s largest and state owned steelmaker, has extended the dates of a global tender to procure a total quantity of 81,000 MT Melting Scrap at Salem Steel plant (SSP) on CFR Chennai Port basis.
Salem Steel Plant (SSP), a unit of SAIL located in Tamil Nadu had floated a tender in the month of Aug’16 to procure a cumulative quantity of 81,000 MT MS Scrap through 4 price discoveries. Out of these 4 price discoveries, one is already completed in Sep’16. Now for 2nd, 3rd, and 4th price discoveries company revised the tender and extended the date of submission till 3 Apr’17.
As per the internal procedure of SAIL, this RFQ allows entry of new bidders even after freezing techno-commercial terms and first price discovery. Bidders who have already submitted offer successfully against this RFQ and participated in 1st price discovery need not submit fresh bid.
The material is required in two lots (HMS1 & Shredded Scrap). The quantity breakup is HMS1 at the rate of 2,500 MT per month and Shredded Scrap at the rate of 7,500 MT per month tentatively.
As per the eligibility criteria, bidder must have successfully supplied a minimum quantity of 5,400 MT of MS Scrap (HMS1/HMS2) in preceding five financial years. In case of Shredded scrap, they should posses a minimum supply experience of 18,900 MT of non-alloy steel melting scrap (Shredded) as per US ISRI code 211 in preceding five years.
Overseas bidders needs to submit their quotation in USD/MT on Chennai Port basis and domestic bidders in INR/MT on FoR-SSP basis.
Imports will be through sea up to Chennai Sea Port and then by road from Chennai to Salem Steel Plant. Domestic supplies will be dispatched by road.
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