Indian mill cancels billet export tenders on lower bids

An Indian mill has canceled billet export tenders of 60,000t on lower bids, credible sources have reported to SteelMint. Tender floated was for multiple sizes- 65*65, 90*90, and 150*150mm. According to our sources, bids for 150*150mm tender heard to be around $525-530/t FoB. The mill has canceled the tender amid lower bids.