Tag: MMTC Pig iron export tender

India: MMTC Cancels Pig Iron Export Tender in Expectation of Higher Bids

Jun 20, 2017

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by

Nishtha Mukherjee

in Uncategorized

MMTC on behalf of NINL had issued tender for 30,000 MT pig iron export which was due on 15 Jun’17. As per the reports of market participants, the tender received poor response and low bids in the range of USD 290-292/MT, FOBST basis. Sources say that company has cancelled the tender on expectation of higher…