India: RINL conducts a reverse auction for 1,700 t of ferrosilicon

  • Monday, February 5, 2024
  • Source:ferro-alloys.com

  • Keywords:India, RINL, reverse auction, ferrosilicon
[Fellow]India: RINL conducts a reverse auction for 1,700 t of ferrosilicon.

Rashtriya Ispat Nigam Ltd (RINL) conducted a reverse auction for 1,700 t of ferrosilicon (Si:70%, 40-100 mm) on 31 Jan'24. The L1 prices were at around INR 140,100/t FOR, inclusive of all taxes. Excluding GST and GEM portal charges, prices were at around INR 118,200/t FOR, sources informed. Price assessment of ferro silicon (Si:70%, 25-150 mm) stood at INR 108,900/t exw-Guwahati on 29 Jan'24.

  • [Editor:kangmingfei]

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