India Steel Market Watch
December 28: Neelachal Ispat Nigam ltd (NINL) has floated a tender for sale of BFG slag on “as is where is & no complaint basis”, according to information with ISMW.
The price has been fixed at Rs 200/PMT (ex-plant) for 1 rake to less than 5 rakes (3,700-18,499 tons) and Rs 185/PMT (ex-plant) for 5 rakes to less than 10 rakes (18,500-36,999 tons).
The specifications of the product are SiO2 30-33%, AI2O3 18-22%, CaO 30-33%, MgO 8-10%, FeO 0.3-0.8%, MnO 0.3-1% and S 0.7-1.2%.
The price is valid up to December 31, 2015.