Indian state-run steel producer Rashtriya Ispat Nigam Limited (RINL) has floated an export tender for 20,000 mt of prime steel billet for delivery by June 30, company sources said on Thursday, May 11.
The last date for submission of bids has been set for May 17, the sources said.
The minimum bid volume has been fixed at 10,000 mt and delivery will be against irrevocable letter of credit on at sight terms.
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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