Marketing Dept (Exports Division)
Fax No : +91 891 518316
Phone : +91 891 518226
: +91 891 518376
E-mail : rinlexp@itpvis.ap.nic.in
Ref: EXPT/(99-2000)PI/J-S Dt. 25.05.99
Sub: Invitation of Bids for booking export orders for Pig Iron for Shipments during July-September 1999.
M/s. Visakhapatnam Steel Plant (VSP), Expects to have a quantity of about 60,000 MT of Pig Iron for exports for delivery during July-September 1999 and requests best price offer for the same. The detailed Chemistry and General terms and conditions are as follows:
Material : Basic grade steel making Pig Iron
Chemistry : C:3.5 - 4.5%, Mn: 1% MAX; Si:1.25% MAX;
P:0.15% MAX; S:0.05% MAX.
Size : Pigs with upto two notches upto 45 Kgs in weight. Chips/
broken pieces below 25 MM not exceeding 5%. dust, dirt
and moisture exceeding 0.5% deductible from draft
Survey Wt.
Load rate : 2500 MT per wwdsashexeiu on 5 or more available hatch
basis pro rata if less. Each hatch to have lifting
Cranes/SS derricks of 15T(Min) of continuous lifting
capacity.
DEM/DES : Nil for shipment size of 9999 Mt or less;
USD 4000 PDPR/HD for shipment size between 10000-19999 Mt;
USD 6000 PDPR/HD for shipment size 20,000 T and above.
Inspection : By SGS India Ltd at seller's cost. Weight certified at
load port by SGS India Ltd shall be final.
Invoicing on the basis of draft survey weight certified
by SGS.
E M D : EMD amounting to 1% of the bid value to be paid in the
form of D.D. or T.T without which bids may not be
considered.
Payment : Full or part payment in advance within 10 days of
confirmation of order by VSP is preferable. Offers
with payment by confirmed, on sight, irrevocable
without recourse to drawer letter of credit opened at
a first class international bank as per the standard format
of VSP with Red Clause may also be considered if the bids
offering advance are not acceptable.
Destination for the quantities being quoted to be indicated. If a bid is for part quantities period of delivery desired to be indicated.
All other terms will be as per the standard terms and conditions of VSP REF NO. VSP/EXPT/FOB DT. 5th May'99 copies of which can be obtained through E-Mail / post on request.
All bids be furnished only in sealed covers superscribing "Bid for Pig Iron for July - September 1999 Qtr", addressed to "DGM (Exports), Visakhapatnam Steel Plant, Visakhapatnam, Andhra Pradesh, India, Pin - 530 031". Bids received by Fax or late bids may not be considered. Offer should be sent to reach us by 1530Hrs (IST) on 4th June 1999, keeping the validity of the bid upto 10th June 1999.
D G M (Exports)
Rashtriya Ispat Nigam Limited
