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Steel News

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Home Steel News RINL invites global bids for 225,000 tons of iron ore pellet supply
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RINL invites global bids for 225,000 tons of iron ore pellet supply

15 May 2025 15:38 reported by Joy Liu

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Rashtriya Ispat Nigam Limited (RINL), a state-owned steel producer in India, is inviting global suppliers to bid for the supply of 225,000 tons of iron ore pellets in three shipments.

Interested global manufacturers or authorized suppliers must submit their bids by May 30. Each bid must be for a minimum quantity of 75,000 tons, to be shipped in Panamax vessels and delivered within 75 days of contract signing. RINL also reserves the right to postpone the delivery up to two months after the contractual delivery period without any additional financial impact on the buyer.

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Metal Price Index

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  • Created with Highcharts 4.0.41. May1. Jun1. Jul220023002400250026002700
  • Created with Highcharts 4.0.41. May1. Jun1. Jul800085009000950010,00010,500
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LME Official Bid Price

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