LMM Global Steel Information Quick View (2021.10.27)
India RINL conducts bidding for export of billet and wire rod
According to Mysteel, Indian state-owned steel producer Rashtriya Ispat Nigam Limited (RINL) said on Monday, October 25 that it has submitted an export quotation for billet and wire rod today, seeking to bid for a letter of credit for delivery at the end of November.
The company is bidding for the export of 20,000 tons of high-quality steel billets. The minimum bid is 10,000 tons. The deadline for bidding is October 27.
At the same time, the export tender for 6000 tons of 5.5-12 mm wire coils is opened. The minimum bid volume is 3000 tons. The deadline for bidding is October 27.