Indian government-run steel producer Rashtriya Ispat Nigam Limited (RINL) has floated an export tender for 30,000 mt of 150 mm SAE-1008/1010/1018 billets for shipment by July 31, 2026, the company announced on June 25. A similar tender was held last week but failed to be closed.
The last date for submission of bids has been fixed for June 30, 2026, for a minimum bid volume of 5,000 mt.
Delivery will be executed against irrevocable international letter of credit, on payable on 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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