Tata Steel Ltd issued a RFQ (Request for Quotation) for procurement of 20,000 MT imported steel melting scrap for its newly acquired plant Bhushan Steel Limited on Tuesday, SteelMint came to learn from sources who received the RFQ.
Out of the total issued quantity, 15,000 MT is HMS 1 and 5,000 MT Shredded on CIF Vizag port (India east coast) and will be sourced through e-auction.
According to the RFQ, scrap packaging should be done in sealed 20ft containers and the origin could be Australia/New Zealand/UK/ Europe/US/North America/South Africa/Malaysia/Singapore/Middle East.
This is the second tender floated by the company for purchase of imported scrap.
A month back, the company concluded a tender for 15,000 MT imported scrap. Out of this, 10,000 MT was HMS, which was booked at USD 355-360/MT, CIF Vizag port, and 5,000 MT Shredded, which was booked at around USD 365-370/MT, CIF Vizag port.
Tata Steel BSL
In 2018, Tata Steel acquired the Tata Steel BSL Limited (formerly Bhushan Steel Limited) through its wholly-owned subsidiary with a steel production capacity of 5.6 MnTPA located in Odisha.
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