Tag: bloom

RINL receives Bid lower by USD 30/MT for Bloom Tender

Jan 13, 2015

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Admin Operation

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RINL experiences discouraging response for Billet & Bloom export tender; has received USD 20-30/MT lesser bids than previous deal. RINL (Vizag Steel) had floated an export tender of 75,000 MT Bloom and 10,000 MT Billet on 20 Dec, 2014 with bids session on 9 Jan, 2015. Three trading companies namely Duferco, Nucor & Fecat participated…