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 June 30, company sources said on Thursday, May 11.
The last date for submission of bids has been fixed for May 17, the sources said.
The minimum bid volume has been set at 5,000 mt and delivery will be completed against irrevocable letter of credit from an international bank with at sight terms, the sources said.