Due date for bid submission was on 26 Jun’18 for which the material shipping was scheduled by 30 Jul`18.
Yesterday SteelMint reported that according to trade sources report, the company received bids at USD 510-515/MT, FoB. However as per the latest update received today from market sources, company is still negotiating with the bidders. The outcome of the tender is expected to be clear by next week.
Global billet export offers weaken - Billet export offers from CIS nations have come down this week to USD 510-515/MT, FoB Black Sea less by USD 5/MT against previous weak. Limited trades have kept the market quiet.

http://www.miningnewspro.com/en/News/206904/Update: SAIL Likely to Take Call on Billet Export Tender Next Week