Tag: MMTC
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Indian Pig Iron Export Tender receives lower Bids on Weak Demand
Vizag Steel (RINL) export tender of 30,000MT Pig iron, which got expired on 9 Jan’15, has received poor response from the global buyers owing to weak demand. Sources reported, Prime Carbon GmbH was the only participant in the event; bidding at around USD 306/MT, FoB East Coast India (ECI). The bid was disappointing as it was…