Tag: NINL
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India: MMTC finalizes Pig Iron export at USD 10/MT higher
MMTC, India’s largest and state owned trading house, which closed an export tender of 40,000 MT Pig Iron on behalf of NINL on 6 Apr’15, finalizes deal USD 10/MT higher than the bids it received. MMTC in the export tender received bids of around USD 250-255/MT, FoB India. Looking at the low bids, the company…