SAIL has invited a tender from indigenous manufacturers for tentative purchase of 60,940 MT silico manganese for its different plants.
Steel Authority of India Limited (SAIL) is the India’s largest steelmaker and produces a variety of steel and iron products including Pig iron, flat and long products and special steels at its plants spread over India.
The company has required a tentative quantity of about 60,940 MT silico manganese from indigenous source for its different plants/units for the period of six months starting from Oct’16 to Mar’17 in two cycles of 3 months each.
Tentative quantity of silico manganese
| Market | SAIL’s Plant | Size (mm) | Packing | Quantity for 6 months period (MT) |
Quantity for 3 months (1st Cycle) period (MT) |
| Market 1 | Bhilai Steel Plant (BSP) | 10-50 | 1 MT HDPE Jumbo Bag |
25,440 | 12,720 |
| Bokaro Steel Plant (BSL) | 40-100 | Loose | 4,400 | 2,200 | |
| Durgapur Steel Plant (DSP) | 25-50 | Loose | 14,000 | 7,000 | |
| IISCO Steel Plant (ISP) | 25-50 | 1 MT HDPE Jumbo Bag |
16,800 | 8,400 | |
| Alloy Steel Plant (ASP) | 10-30 | 1 MT HDPE Jumbo Bag |
300 | 150 | |
| Total | 60,940 | 30,470 | |||
Chemical specifications
Manganese: 60.0% min
Silicon: 15.0% min
Carbon: 2.0% max
Phosphorous: 0.35% max
Sulphur: 0.03% max
Tender schedule
Bid submission due date: 15 Sep’16 at 13:00 hrs IST
Techno-commercial opening date: 15 Sep’16 at 16:00 hrs IST
Result of SAIL’s last tender for purchase of 46,238 MT silico manganese
The SAIL tender which was issued in May’16 for the purchase of 46,238 MT silico manganese, to meet the requirement of its various plants and for duration of 4 months (Jun’16 to Sep’16). The techno-commercial bid revealed that 7 plants had participated in the tender and online reverse auction process has also been completed. The LCNS price for market-I have been fixed at INR 47,600/MT and for market-II at INR 48,623/MT.
Domestic silico manganese market updates
Indian producers of Silico Manganese have raised their offer price in line with increased price of Manganese Ore – both imported and domestic. Currently, silico manganese 60-14 is being offered at INR 50,000 MT (Ex-Durgapur) and INR 52,000 (Ex-Raipur). As was expected that Silico Manganese prices could rise further once the Ore procured at cheaper rates are used up totally, offer prices for Silico Manganese are being adjusted higher to negate the rising cost of production.
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