India’s state-run steel producer Rashtriya Ispat Nigam Limited (RINL) has floated an export tender for 10,000 mt of wire rod for delivery by April 30, company sources said on Thursday, March 9.
They said that the last date for submission of bids has been fixed for March 14 and the minimum bid volume is 5,000 mt.
Delivery will be against irrevocable international letter of credit to be submitted by the successful bidder, the sources said.