Tag: 400 t of ferro silicon at reverse auction

Rashtriya Ispat Nigam Ltd (RINL) conducted a reverse auction for 2,400 t of ferro silicon (Si:70% min, 40-100 mm) on 5 Aug’24 for its Visakhapatnam Steel Plant. The L1 bid price was INR 117,500/t FOR including GST and GEM portal charges, sources informed.