State-owned steelmaker Vizag Steel has floated two export tenders, of 15,000 t each, for a total of 30,000 t of steel blooms (150x150mm, 3SP/4SP grade). The tenders are against 100% advance payment terms with the due date being 4 June’21. The shipment is scheduled by end-July’21. SteelMint’s bi-weekly assessment for Indian billet (150*150mm, BF route, FoB east coast) stands at $615-620/t, unchanged against the last assessment on 25 May’21.
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