India: State-owned mill concludes 30,000 t bloom export tenders

An Indian state-owned mill reportedly sold 30,000 t steel blooms (150*150mm) through export tenders. According to SteelMint sources, the mill concluded the tenders at $604-606/t, FoB, on advance payment basis. The cargo readiness schedule is by end-Jul ’21. SteelMint’s bi-weekly assessment for Indian billet (150*150mm, BF route, FoB east coast), published on 11 Jun, was at $610-615/t, unchanged against last week.