UPDATE:SAIL extends purchase of 3,890 tonnes of Ferro Silicon

Steel Authority of India (SAIL), India's largest steel maker in terms of quantity has invited sealed quotations from Indian and Global suppliers for supply of 3,890 tons of Ferro Silicon (Silicon content Min 70%) for its BHilai steel plant and around 15,100 tons of High Grade Ferro Chrome for its Durgapur steel pant. Tender had to be closed on 9th April 2013.

Ferro silicon tender date has been extended further to 2nd of May 2013. Sources say that there were not many participants as rise in power prices have made many units either cut productions or shut their shop.


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