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.
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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