Vizag Steel, a state-owned steel company, has floated an ocean sale export tender for 30,000 t of steel blooms (150x150mm, 3SP/4SP grade) on FOB ST. delivery basis. The due date for the tender is 4 Oct’21, while the shipment has been scheduled for end-Nov’21. Indian mills are active in the semi-finished steel export market due to higher realisations compared to domestic prices, SteelMint notes.
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