Indian billet export prices move up in a recent tender

Indian billet export prices move up in a recent tender

An Indian state-owned mill reported having sold 30,000 t billets through an export tender floated for spot sale against 100% advance payment terms. According to SteelMint sources, the mill achieved a price level of around $593-595/t, FoB. The shipment is likely to be scheduled by the end-May ’21 for China. With this, Indian billet export prices have moved up by $5 against last week


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