Tag: Vizag Steel bloom export tender

Vizag Steel, a state-owned steelmaker, has floated two export tenders for 60,000 t blooms (30,000 t each) for mid-Nov’20 shipments. Among the two, one if floated against 100% advance payment terms for 3SP/4SP grade, while the payment terms for the other are payable at sight LC for 5SP grade. The due date for both the…