State-owned Vizag Steel has floated an ocean sale export tender for 30,000 t of steel blooms (150x150mm, 3SP/4SP) on FOB ST delivery basis against 100% advance payment terms. The last date of bid submission is 22 Feb’23 and the delivery is scheduled for 15 Apr’23. India’s billets and blooms exports dropped by 66% y-o-y to 1.79 mnt in CY22 as against 5.24 mnt in CY21.
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