[SMM Steel] India’s RINL launches export tender for 60,000 mt steel billets

Published: Apr 29, 2026 19:38

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[SMM Steel] Rashtriya Ispat Nigam Limited (RINL) has opened an export tender for 60,000 mt of prime comcast steel billets, with shipment on an FOB stowed basis by June 30, 2026. The tender requires a minimum bid of 30,000 mt, with offers due by April 29 and valid until May 4. The cargo includes 150x150 mm and 200x200 mm billets (3SP/4SP grades). The move reflects RINL’s efforts to offload premium inventory into the seaborne market, potentially adding short-term supply to regional billet trade flows.

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