Vizag Steel, a state-owned steelmaker, has floated a spot sale tender for the exports of 30,000 t ( 150x150mm, 3SP/4SP) blooms against 100% advance payment terms. The shipment is likely to be scheduled for mid-Oct’20. The tender due date is 04 Sep’20. A recent Indian billet export tender fetched bids around $415-420/t FoB, SteelMint sources reported.
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