India: Billet export prices rise in recent deal

An Indian state-owned mill is reported to have concluded a 30,000 t steel bloom (150x150mm, 3SP/4SP grade) export shipment scheduled for mid-Sept’21. The deal has been concluded at around $630-635/t FoB, as per market sources. Following this deal, Indian billet export prices have risen by $15-20/t against the end of last week, as per SteelMint reports.


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