Tag: RINL Spot sale of bloom in ocean market

State-owned Vizag Steel has floated an export tender for spot sale of 30,000 t of steel blooms (150x150mm, 3SP/4SP grade). The tender was floated against 100% advance payment terms within five banking days, with the due date being 28 Sep’21. The shipment is scheduled within 45 days from the export agreement. The buyer, however, is…