Indian state-run steel producer Rashtriya Ispat Nigam Limited (RINL), has floated an export tender for 10,000 mt of prime non-alloy wire rod for delivery by March 3, company sources said on Monday, January 16.
The sources said that the last date for submission of bids has been set for January 23, for a minimum bid volume of 5,000 mt.
Delivery will be against irrevocable international letter of credit on payable at sight terms, the sources said.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
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