[SMM Steel] India’s RINL Launches New Export Tender for 30,000 mt Steel Billets

Published: May 27, 2026 19:09

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[SMM Steel] Indian state-owned steelmaker RINL issued a new export tender for 30,000 mt of prime continuous cast steel billets in SAE-1008, SAE-1010, and SAE-1018 grades. The tender covers 150×150 mm billets on an FOB stowed basis, with shipment scheduled by July 20, 2026. The minimum bidding volume is 10,000 mt, while bids must be submitted by May 27 and remain valid until June 1. Payment terms require irrevocable sight letters of credit.

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