Vizag Steel has floated a tender for export of Billet and Blooms. The company is offering a total quantity of 30,000 MT material in its export tender.
The company, in the tender issued, has offered around 20,000 MT bloom (150*150 mm) and 10,000 MT billets with scheduled delivery of material to 15 Dec’16 on FoB Visakhapatnam Port or Gangavaram Port on the direct export basis. The last date for bid submission is 25 Oct’16 and the validity of the offer is till 18 Oct’16.
Material Description
| Material Name |
Size (mm) | Length (meter) |
Grade | Qty (MT) |
Min Quoted Qty (MT) |
| Blooms | 150X150 | 12 | IS2830 Gr.A | 20,000 | 10,000 or multiples of it |
| Billets | 90X90 | 12 | IS 2830 GR A | 10,000 | 10,000 or multiples of it |
Source: SteelMint
Indian Billet Export Prices at USD 330-335/MT, FOB
Indian billet (150 X 150 mm) export prices are assessed at USD 330-335/MT FOB India Main Port.
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