[SMM Steel] India’s RINL Launches Export Tender for 60,000 mt Steel Billets

Published: May 25, 2026 18:32

Save

[SMM Steel] Indian state-owned steelmaker RINL issued a global export tender for 60,000 mt of prime continuous cast steel billets on an FOB stowed basis, with shipment required by July 20, 2026. The tender covers 3SP and 4SP billets in 150x150 mm and 200x200 mm sizes. Buyers must submit bids by May 26, with offers valid until May 30. The minimum bidding volume is 30,000 mt, with additional quantities allowed in 5,000 mt multiples. Payments will be conducted through irrevocable sight letter of credit terms.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Production of Rebar and Hot-Rolled Coil Both Declined, Inventory Slightly Destocked

During the survey period (May 19–May 25), in the Central China region, the rebar operating rate rose while the capacity utilization rate declined, and both the wire rod operating rate and capacity utilization rate decreased.

Common.Time.minsAgo

1 hour ago

[SMM Analysis] Weak Downstream Consumption Increases Pressure on Ex-China Steel Trading

1 hour ago

Common.Time.hoursAgo

Coking Coal and Coke Futures Hit Daily Limit, Coal and Ferrosilicon Cost Support Drives Magnesium Prices Higher — How Will Magnesium Perform Going Forward? [SMM Commentary]

Common.Time.hoursAgo