Tag: RINL Blooms export spot auction

State-owned Vizag Steel has floated a spot sale export tender for 30,000 t of steel blooms (150x150mm, 3SP/4SP grade). The tender was floated against 100% advance within five banking day’s payment terms with the due date being 8 Sept’21. The shipment is scheduled within 45 days from the export agreement. The buyer, however, is required…