Tag: Tender Prices
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SAIL Cancels its Plates Export Tender on Lower Bids: Sources
SteelMint has heard from its market sources that SAIL has canceled its plates export tender of 15,000 MT on account of low bids received from the participants. The company received bids at around USD 370-375/MT, FoB India whereas its expectations were around USD 400/MT, FoB India. On 11 Aug’16, SAIL has floated a global tender…