Steel Authority of India Limited (SAIL) is the India’s largest steelmaker and produces a variety of steel and iron products, had invited a tender for purchase of total 53,690 MT silico manganese for its different plants for Jul’18-Oct’18 cycle.
Tentative quantity of silico manganese:
| Market | SAIL Plants | Tentative Quantity for Period Jul’18-Oct’18 |
| Market 1 | BSP, Bhilai | 13,970 |
| Sub Total | 13,970 | |
| Market 2 | DSP, Durgapur | 14,000 |
| ISP, Burnpur | 15,000 | |
| ASP, Durgapur | 120 | |
| Sub Total | 29,120 | |
| Market 3 | BSL, Bokaro | 600 |
| RSP, Rourkela | 10,000 | |
| Sub Total | 10,600 | |
| Grand Total | 53,690 |
Chemical specifications:
Manganese: 60.0% min, Silicon: 15.0% min, Carbon: 2.0% max, Phosphorous: 0.35% max and Sulphur: 0.03% max
Tender schedule (IST):
Due date for bid submission is 03 Jul’18 at 12:00 hrs and the techno-commercial bid will be open on same day at 15:30 hrs.
For contact details and other information view TENDER SECTION
Silico Manganese Market Scenario:
Indian Silico Manganese market remains under pressure with limited buying appetite for Silico Manganese. Current prices for the Alloy are in the range of INR 62,000-63,000/MT (Ex-Durgapur) and (Ex-Raipur). A recent edge-up in imported Manganese ore offers has also failed to lend support to the Silico Manganese offers.
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