Vizag Steel, an Indian state-owned steelmaker, has floated a spot sale export tender for 30,000 t (150*150mm, 4SP grade) blooms for Jan ’20 shipments. The tender due date is 17:00 hrs of 16 Dec ’20. In a previously floated tender, the company achieved a price level of $485-490/t, FoB India. SteelMint’s bi-weekly assessment for Indian billets (150*150mm, BF route, FoB east coast) is at $520/t.
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