Indian mill concludes 30,000 t billet export tender

An Indian mill had floated an export tender for 60,000 t billets (150x150mm, 3SP/4SP) for the end-Mar’21 shipment. According to SteelMint’s credible sources, the mill booked the 30,000 t billets at around $510-512/t, FoB. Indian mills have turned active in exports amid the decline in domestic prices on dull demand.