India’s RINL floats export tender for 20,000 mt of billet for end-Oct shipment

Monday, 09 September 2024 14:24:18 (GMT+3)   |   Kolkata

Indian government-run steel producer Rashtriya Ispat Nigam Limited (RINL) has floated an export tender for 20,000 mt of prime steel concast billet for shipment by the end of October, company sources said on Monday, September 9.

The last date for submission of bids has been fixed for September 13, for a minimum bid volume of 10,000 mt.

Delivery will be executed against irrevocable international letter of credit payable at sight.

Significantly, this is the second billet export tender floated by RINL over the past one week, with one export offer for 30,000 mt scheduled to close for bidding on September 12.

AjoyDas
Ajoy Das
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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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