Author: Lalita
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Indian Mill Concludes 40,000 MT Billet Export Deal
An Indian mill is said to have booked around 40,000 MT billets for export of sizes 150*150mm and 125*125 mm. The deal was reported to be concluded at around USD 355/MT, FoB and USD 350/MT, FoB respectively. With increasing inventories and subdued domestic demand, mills continue to remain active in exports.