Indian government-run steel producer Rashtriya Ispat Nigam Limited (RINL) has floated an export tender for 5,000 mt of prime non-alloy steel wire rod for delivery by January 15, company sources said on Tuesday, November 22.
The sources said that the last date for submission of bids had been set for November 28, and the minimum bid volume is fixed at 3,000 mt.
Delivery will be against irrevocable letter for credit without recourse and payable 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.
Wire Rod
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