Coal news and updates

SAIL floats global NIT to procure 0.5 mt hard coking coal

July 25: Steel Authority of India Limited (SAIL) has floated a global notice inviting tender (NIT) to procure 0.5 (+/-10%) million tons (mt) of imported hard coking coal (HCC) from overseas coal producers owning coal mines/overseas coal suppliers, according to information available with ICMW.

The material to be procured should have 8% total moisture, 8% ash, 0.6% sulphur, 20-32% volatile matter.

Interested parties can submit their bids till July 31, 2014 while bids will open immediately after expiry of the deadline.