18
Nov
15:59
Ethiopian rebar mill wins 44,000t supply tender
Ethiopian rebar re-roller Steely RMI has won a contract to supply the Public Procurement & Property Disposal Service (PPPDS) with 44,075 tonnes of 14mm rebar, according to local media. The bid value was ETB 804.9 million ($38.4m).
The firm won the tender despite its bid being ETB 91m higher than the lowest bid, which came from a major Turkish steel trader. This is because the re-roller benefitted from incentives offered by Ethiopia to local companies supplyi…
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Anonymous
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