Lack of participation in recent tender resulted to extension in bid submission date.
Vizag Steel, a leading state owned Pig iron producer and exporter in the country, has extended bid submission date for 30,000 MT basic grade Pig iron export tender to 11 Jan’16 from 28 Dec’15 .
The tender (on 28 Dec’15) failed to receive response from global participants in technical bids. Hence, the company has extended bid submission date to 11 Jan’16.
Material Specification
C: 3.5-4.5%
Mn: 0.50% max
Si: 1.0% max
P: 0.12% max
S: 0.05% max
Recent export tenders
MMTC, a state owned and one of the largest Indian Pig iron exporters, on behalf of NINL, has recently closed an export deal at USD 190/MT, FoB Paradip Port. The deal was for 31,500 MT basic grade Pig iron, which concluded with a Switzerland based trading company, Prime Carbon GmbH.
The company had offered 30,000 MT (10,000 MT optional) for exports till 16 Dec’15.
Leave a Reply