Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel had issued a tender for export of 15,000 MTbillets (90*90mm), 20,000 MT bloom (150*150mm), 16,000 MT wire rod coil followed by other steel products. The tender expired on 09 Aug’17.
Steel Mint reported last week that company billet (90*90 mm, IS 2830 C20 MMN GRA) has been COncluded at USD 480-485/MT, FOB India. The concluded price is higher by around USD 35/MT against company’s last tender last billet export tender for 90*90 mm floated in Jul’17 Which Was Concluded at around USD 448/MT, FOB India.
In the latest update received the company has also concluded the tender for 20,000 MT bloom (150*150 mm, IS 2830 C20 MMN GR A) at around USD 480/MT, FOB India.
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