Tag: RINL Spot sale of bloom

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 an irrevocable letter of credit, as per RINL format, to be established within five banking day’s payment terms with the due date being 16 Sep’21. The shipment is scheduled within 45…