State-owned steelmaker, Vizag Steel, has floated an export tender for 30,000 t of steel bloom (150x150mm, 3SP/4SP grade), as per SteelMint reports. The tender is against 100% advance payment with the due date being 13 Jul’21. Cargo readiness will be within 45 days from the date of the export contract. SteelMint’s bi-weekly assessment for Indian billets (150*150mm, BF-route, FoB east coast) stood at $600/t on 9 Jul, up by around $20/t against the previous assessment on 6 Jul.
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