Tag: RINL Bloom Export Tender

Vizag Steel, an Indian state-owned company, has floated an export tender of 30,000 t blooms (150*150mm, 3SP/4SP grade) for spot sale, against 100% advance payment terms. The shipment is likely to be scheduled by 30 Nov’20. In previously floated spot sale tender, the company achieved a price level of $415-420/t, FoB. SteelMint assessment for Indian…