India: RINL issues purchase tender for over 3,800 t of ferro silicon
Rashtriya Ispat Nigam Ltd (RINL) has floated a purchase tender to procure 3,840 t of ferro silicon (Si: 70% min, 40-100 mm) for its Visakhapatnam Steel Plant. The bid submission deadline is 2 Jan'26, with the highest-priced bids to be eliminated for the reverse auction qualification rule. According to BigMint, ferro silicon prices (Si: 70%, 25-150 mm) was assessed at INR 97,600/t ex-Guwahati on 15 Dec.