India’s state-run steel producer, Rashtriya Ispat Nigam Limited (RINL) has floated an export tender for 5,000 mt prime non-alloy steel wire rod for shipment by September 15, company source said on Friday, July 14.
The last date for submission of bid has been set for July 20, with minimum bid volume of 300 mt.
Delivery will be completed on receipt of irrevocable international letter of credit on payable at sight terms, 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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